Section 5

The Board may provide for a facsimile seal and may authorize the signature of any director and secretary be produced by printing or other mechanical means.

The common seal shall be used with the authority of the Board and every instrument to which the common seal is affixed shall be signed by a director and shall be countersigned by the secretary or by a second director or by some other person appointed by the Board, and all deeds, documents and other instruments purporting to be sealed with the common seal, authenticated as aforesaid, shall, until the contrary is proven, be deemed to have been validly executed.

Every instrument to which the facsimile seal is affixed and signed by a director and secretary by printing or other mechanical means shall have the same force and validity as if the common seal had been affixed to such instrument and such instrument had been signed in accordance with subsection (3).

All courts, judges and persons acting judicially shall take judicial notice of the common seal and facsimile seal.

The common seal and the facsimile seal shall be kept in the custody of the secretary or such other person as may be authorized by the Board.

Execution of documents