§13-2A-6. Validity.
Refunding bonds bearing the signatures of officers of the
public body in office on the date of the signing thereof shall be
valid and binding obligations of the public body for all
purposes, notwithstanding that before the delivery thereof any or
all the persons whose signatures appear thereon shall have ceased
to be officers of the public body, the same as if such persons
had continued to be officers of the public body until after the
delivery thereof. The validity of the authorization and issuance
of the refunding bonds shall not be dependent on or affected in
any way by proceedings taken for the improving of any enterprise,
for the refinancing and improving of which the refunding bonds
are to be issued, or by contracts made in connection with the
improving of any such enterprise. Any resolution authorizing
refunding bonds may provide that any such refunding bond may
contain a recital that such refunding bond is issued pursuant to
this article, and any refunding bond containing such recital
under authority of any such resolution shall be conclusively
deemed to be valid and to have been issued in conformity with the
provisions of this article.