Negotiable Instruments. All checks, drafts or other orders for payment of money shall be issued in the name of the Authority, and in such manner as, from time to time, shall be determined by motion of the Board, except that all notes, bonds, or other evidences of indebtedness shall be issued by resolution.
Appears in 3 contracts
Sources: Creation Agreement, Creation Agreement, Creation Agreement
Negotiable Instruments. All checks, drafts or other orders for payment of money shall be issued in the name of the Authority, and in such manner as, from time to time, shall be determined by motion the Board of the BoardDirectors, except that all notes, bonds, or other evidences evidence of indebtedness shall be issued by resolutionresolution of the Board of Directors.
Appears in 1 contract
Sources: Creation Agreement