Section 1001.4 Of Article 2. Authorization And Issuance Of Debentures From California Military And Veterans Code >> Division 4. >> Chapter 7. >> Article 2.
1001.4
. All debentures shall bear the facsimile signature of the
Director of Veterans Affairs and the Deputy Director of Veterans
Affairs and shall be authenticated by the trustee. The seal of the
Department of Veterans Affairs shall be impressed, mechanically
reproduced or imprinted by facsimile upon each debenture. The
interest coupons attached to any debenture shall bear a facsimile of
the signature of the Director of Veterans Affairs. In case any such
official whose signature or countersignature appears on the
debentures or coupons shall cease to be such official before the
debentures so signed or countersigned shall have been actually
executed or delivered, such signature or countersignature shall
nevertheless be valid and sufficient for all purposes the same as if
he had remained in office until the delivery of the debentures, and
such debentures and coupons shall be issued and shall be as binding
upon the department as though the person who signed such debentures
or coupons had been such official on the date borne by the debentures
or coupons and on the date of delivery. Any such debentures may be
signed and sealed on behalf of the department by such person as at
the actual date of execution of such debentures shall be the Director
of Veterans Affairs or the Deputy Director of Veterans Affairs, as
the case may be, although on such date as may be borne by such
debentures any such person shall not have been such official.