In the event that any of the members of the board of directors or any officers of the Authority cease to be members or officers before the delivery of any bonds or credit enhancements signed by them, their signatures or authorized substitute signatures shall nevertheless be valid and sufficient for all purposes as if the members or officers had remained in office until delivery.
Va. Code Ann. § 62.1-213
Validity of signatures of prior members or officers
Known as the Virginia Resources Authority Act
The act spans §§ 62.1-197 to 62.1-223 (28 sections).
1984, c. 699; 1998, c. 399.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.