Ala. Code § 23-7-24
Current with legislation from 2024 effective through May 17, 2024.
If any of the members or officers of the bank cease to be members before the delivery of any bonds signed by them, their signatures or authorized facsimile signatures are nevertheless valid and sufficient for all purposes as if they had remained in office until the delivery of the bonds.
Ala. Code § 23-7-24 (1975)