Montana Code 17-5-1114. Certificated public obligation — seal
17-5-1114. Certificated public obligation — seal. When a seal is required or permitted in the execution of any certificated public obligation, an authorized officer may cause the seal to be printed, engraved, stamped, or otherwise placed in facsimile thereon. The facsimile seal has the same legal effect as the impression of the seal.
Terms Used In Montana Code 17-5-1114
- Authorized officer: means , with respect to any certificated public obligation:
(i)an individual whose signature to the certificated public obligation is required or permitted; or
(ii)an individual who may be permitted by an authorized officer, either alone or with the concurrence of another or others, to affix the individual's signature to the certificated public obligation and who is so permitted in writing by the authorized officer with any required concurrence. See Montana Code 17-5-1102
- Certificated public obligation: means an obligation that is:
(a)issued pursuant to a system of registration;
(b)represented by an instrument; and
(c)either one of a class or series or by its terms is divisible into a class or series of obligations. See Montana Code 17-5-1102
- Facsimile seal: means the reproduction by engraving, imprinting, stamping, or other means of the seal of the issuer, official, or official body. See Montana Code 17-5-1102