§ 26441 Bond Signature Validity Rules

• •The board can use printed or stamped signatures on bonds instead of handwritten ones.
• •If an officer who signed a bond leaves their job before the bond is given out, their signature is still valid.
• •The bond is still good even if the person who signed it is no longer working there.

A school board prints bonds to borrow money for a new school building. The principal signs the bonds, but then retires before the bonds are handed out.

The principal's signature is still good, even though they retired. The bonds can still be used to borrow money.