§ 7223 Bond Signing And Validation
This law explains how official bonds (like IOUs from the government) must be signed and what happens if the people who sign them leave their jobs before the bonds are given out.
Imagine a school district needs money to build a new school, so they sell bonds to people to borrow money.
The bonds must be signed by certain leaders in the district. Even if one of those leaders quits before the bonds are handed over, their signature still counts.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 7223 Bond Signing And Validation
Last verified: January 11, 2026