(1) Any authorized officer, after filing with the secretary of state his manual signature certified by him under oath, may execute or cause to be executed with a facsimile signature in lieu of his manual signature:
(a) Any public security, but at least one signature required or permitted to be placed thereon shall be manually subscribed; and
(b) Any instrument of payment.
(2) Upon compliance with this article by the authorized officer, his facsimile signature has the same legal effect as his manual signature.
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