The bonds, any coupons appertaining thereto and other securities, bearing the signatures of the officers in office at the time of the signing thereof, shall be the valid and binding obligations of the State, notwithstanding that before the delivery thereof and payment therefor any or all of the persons whose signatures appear thereon have ceased to fill their respective offices.
NRS 349.286
Securities not invalid because signatories cease to fill offices
Known as the State Securities Law
The act spans §§ 349–349 (273 sections).
(Added to NRS by 1967, 783)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.