WILLIAM DONALD SCHAEFER, Governor Ch. 492

AND UNDER SUCH TERMS AND CONDITIONS AS MAY BE FIXED BY THE
COUNTY PRIOR TO THE ISSUANCE THEREOF. THE COUNTY SHALL
DETERMINE THE FORM OF THE BONDS, INCLUDING ANY INTEREST
COUPONS TO BE ATTACHED THERETO, AND SHALL FIX THE
DENOMINATION OR DENOMINATIONS OF THE BONDS AND THE PLACE
OR PLACES OF PAYMENT OF PRINCIPAL AND INTEREST WHICH MAY BE
AT ANY BANK OR TRUST COMPANY WITHIN OR WITHOUT THE STATE.
THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON THE BONDS
THEREBY AUTHORIZED MAY BE MADE IN ANY LAWFUL MEDIUM. THE
COUNTY SHALL DETERMINE THE MANNER OF EXECUTING THE BONDS,
WHICH MAY BE BY FACSIMILE SIGNATURE OF THE PRESIDENT OF THE
BOARD OF COUNTY COMMISSIONERS, AND THE MANNER OF EXECUTING
THE INTEREST COUPONS ATTACHED THERETO, WHICH ALSO MAY BE BY
FACSIMILE SIGNATURE OF SAID PRESIDENT. THE OFFICIAL SEAL OF THE
COUNTY SHALL BE AFFIXED TO OR IMPRINTED ON THE BONDS,
ATTESTED BY THE MANUAL SIGNATURE OF THE COUNTY CLERK. IN
CASE ANY OFFICER OF THE COUNTY WHOSE SIGNATURE OR A
FACSIMILE OF WHOSE SIGNATURE APPEARS ON ANY BONDS OR
COUPONS SHALL CEASE TO BE SUCH OFFICER BEFORE THE DELIVERY
OF SUCH BONDS OR SHALL BECOME SUCH OFFICER AFTER THE DATE OF
SUCH BONDS, SUCH SIGNATURE OR SUCH FACSIMILE SHALL
NEVERTHELESS BE VALID AND SUFFICIENT FOR ALL PURPOSES.

D. BONDS CONSIDERED NEGOTIABLE INSTRUMENTS. ALL BONDS
ISSUED HEREUNDER SHALL HAVE AND ARE HEREBY DECLARED TO
HAVE ALL THE QUALITIES AND INCIDENTS OF NEGOTIABLE
INSTRUMENTS UNDER THE NEGOTIABLE INSTRUMENTS LAWS OF THIS
STATE.

E. FORM AND REGISTRATION. THE BONDS HEREBY AUTHORIZED
MAY BE ISSUED IN COUPON OR IN REGISTERED FORM, OR BOTH, AS THE
COUNTY MAY DETERMINE, AND PROVISION MAY BE MADE FOR THE
REGISTRATION OF ANY COUPON BONDS AS TO PRINCIPAL ALONE AND
ALSO AS TO BOTH PRINCIPAL AND INTEREST AND FOR THE
RECONVERSION INTO COUPON BONDS OF ANY BONDS REGISTERED AS
TO BOTH PRINCIPAL AND INTEREST.

F. SALE; APPLICABILITY OF STATUTORY PROVISIONS. THE
COUNTY MAY SELL SUCH REVENUE BONDS IN SUCH MANNER, EITHER
AT PUBLIC OR PRIVATE SALE, AND FOR SUCH PRICE AS IT MAY
DETERMINE TO BE FOR THE BEST INTEREST OF THE COUNTY, BUT NO
SUCH SALE SHALL BE MADE AT A PRICE SO LOW AS TO REQUIRE THE
PAYMENT OF INTEREST ON THE MONEY RECEIVED THEREFOR AT MORE
THAN SIX PER CENTUM (6%) PER ANNUM, COMPUTED WITH RELATION
TO THE ABSOLUTE MATURITY OF THE BONDS IN ACCORDANCE WITH
STANDARD TABLES OF BOND VALUES; EXCLUDING, HOWEVER, FROM
SUCH COMPUTATION THE AMOUNT OF ANY PREMIUM TO BE PAID ON
REDEMPTION OF ANY REVENUE BONDS PRIOR TO MATURITY. NONE OF

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