Laserfiche WebLink
� 1 . <br />laws of the State of Florida, and each successive Holder, in <br />accepting any of the Bonds, shall be conclusively deemed to have <br />agreed that such Bonds shall be and have all of the qualities and <br />incidents of negotiable instruments under the laws of the State <br />of Florida. <br />SECTION 10. REGISTRATION. The Bonds shall be issued only <br />as fully registered bonds without coupons. There shall be a Bond <br />Registrar, which may be either the County itself, or a bank or <br />trust company located within or without the State of Florida. The <br />County, if it chooses to have a bank act as such Bona Registrar <br />shall, not later than the date of sale of the Bonds, by resolu- <br />tion designate such bank to serve as the Bond Registrar and <br />paying agent. The Bond Registrar shall be responsible for main- <br />taining the books for the registration of and for the transfer of <br />the Bonds and, if a bank is so designated, in compliance with an <br />Agreement to be executed between the County and such bank as Bond <br />Registrar as parties on or prior to the delivery date of the <br />Bonds. Such Agreement shall set forth in detail the duties, <br />rights, and responsibilities of the parties to the Agreement. <br />Upon surrender to the Bond Registrar for transfer or <br />exchange of any Bond, duly endorsed for transfer or accompanied by <br />an assignment duly executed by the Registered Owner or his attorney <br />duly authorized in writing, the Bond Registrar shall deliver in the <br />name of the transferee or transferees a new fully registered Bond <br />or. Bonds of authorized denominations of the same maturity for the <br />aggregate principal amount which the registered owner is entitled <br />to receive. <br />All Bonds presented for transfer, exchange, redemption or <br />payment (if so required by the County or the Bond Registrar) shall <br />be accompanied by a written instrument or instruments of transfer <br />or authorization for exchange, in form and with guaranty of signa- <br />ture satisfactory to the County or the Bond Registrar, duly exe- <br />cuted by the Registered Owner or by his duly authorized attorney. <br />The County and the Bond Registrar may charge the bond- <br />-9- <br />