2005 Minnesota Statutes - 47.41 — Negotiable instruments, facsimile signatures, disbursement of public funds.

     47.41 Negotiable instruments, facsimile signatures, 
  disbursement of public funds.  


    Any public officer or other person who is authorized singly 
 or in conjunction with another or others, to sign checks, 
 drafts, warrants, warrant-checks, vouchers or other orders on 
 public funds on deposit in a depository bank may authorize the 
 bank to honor any such instrument bearing a facsimile of that 
 person's signature and to charge the same to the account upon 
 which drawn, as fully as though it bore a manually written 
 signature.  Instruments so honored shall be wholly operative and 
 binding in favor of the bank although such facsimile signature 
 shall have been affixed without authority of such officer or 
 other person.  Any one or more or all of the signatures upon any 
 such instrument may be facsimile as herein provided.  As here 
 used "public funds" means funds of the state or of any county, 
 city, town, school district, any political subdivision of the 
 state, or of any commission, board, department or agency of any 
 thereof.  


    HIST: 1955 c 96 s 1; 1973 c 123 art 5 s 7; 1986 c 444