194.1. The bonds, notes and other debt securities and the cheques, bills of exchange and other negotiable instruments issued by the transit authority shall be signed by the chairman of the board of directors and the treasurer.
A facsimile of the signature of the chairman or the treasurer may be engraved, lithographed or printed on such documents and has the same effect as if they had been duly signed.
1990, c. 85, s. 85; 1999, c. 40, s. 67.