(a)  A certificated registered public obligation shall be executed by the issuer, by the manual or facsimile signature or signatures of authorized officers. Any signature of an authorized officer may be attested by the manual or facsimile signature of another authorized officer.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Rhode Island General Laws 35-13-5

  • Authorized officer: means any individual required or permitted, alone or with others, by any provision of law, or by the issuing public entity, to execute on behalf of the public entity a certificated registered public obligation or a writing relating to an uncertificated registered public obligation. See Rhode Island General Laws 35-13-2
  • Certificated registered public obligation: means a registered public obligation which is represented by an instrument. See Rhode Island General Laws 35-13-2
  • Facsimile signature: means the reproduction by engraving, imprinting, stamping, or other means of a manual signature. See Rhode Island General Laws 35-13-2
  • Issuer: means a public entity which issues an obligation. See Rhode Island General Laws 35-13-2
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Obligation: means an agreement of a public entity to pay principal and any interest thereon, whether in the form of a contract to repay borrowed money, a lease, an installment purchase agreement, or otherwise, and includes a share, participation, or other interest in that agreement. See Rhode Island General Laws 35-13-2
  • person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6

(b)  In addition to the signatures referred to in subsection (a), any certificated registered public obligation or any writing relating to an uncertificated registered public obligation may include a certificate or certificates signed by the manual or facsimile signature of an authenticating agent, registrar, transfer agent, or the like.

(c)  At least one signature of an authorized officer or other person required or permitted to be placed on a certificated registered public obligation shall be a manual signature.

History of Section.
P.L. 1983, ch. 267, § 1.