BIL 142 Draft 02 1996-1998 - Laserfiche WebLink

Home

-5 - Director of Finance and of the Mayor of the County and shall be sealed with the seal or a lithographed, engraved or other facsimile seal of the County; provided, however, the Director of Finance may, at his election, provide for manual signatures upon the Bonds. The Director of Finance may, at his election, prepare such number of blank Bonds of any series executed and sealed as aforesaid as he shall determine and deliver such executed blank Bonds to the registrar for such series for safekeeping prior to the time such Bonds are actually issued, exchanged or transferred. In the event the Director of Finance shall elect to appoint a registrar for the Bonds of a particular series pursuant to Section 3, the Director of Finance shall direct the registrar for the Bonds of such series to register and authenticate such Bonds and no such Bond shall be valid or obligatory for any purpose unless and until the certificate of authentication endorsed on such Bond shall have been manually executed by such registrar. The Bond shall be designated and the form of the Bonds, the registrar's certificate of authentication and the assignment shall be substantially as follow, with such appropriate insertions, variations and omissions as are required with respect to a particular series of the Bonds, book -entry provisions, single instrument provisions or other provisions: 160433.1 01.8896 ORA