P.R. Laws tit. 28, § 367
2019-02-20 00:00:00+00
The bonds of the Authority bearing the signatures of the members or officials thereof who were holding office on the date on which said bonds were signed, shall be valid and shall constitute binding obligations even if, before the delivery and payment of said bonds, any or all the members or officials of the Authority whose signatures appear thereon shall have ceased as such members or officials of said Authority.
Pending the execution and delivery of the definitive bonds, interim or provisional bonds, receipts or certificates, may be issued, in such form and with such provisions as may be provided in the resolution or resolutions.
History —Apr. 12, 1941, No. 26, p. 388, § 50, eff. 90 days after Apr. 12, 1941.