An authority shall pay the principal of and interest on its bonds only from the funds from which this subtitle authorizes payment. For any bond that an authority issues, the authority: Shall place the date of issue on the bond; Shall set the maturity date for the bond, which shall be any time up to 40 years from the date of issue; and May provide for the redemption of the bond before maturity: At the option of the authority; and At a price and on terms and conditions that the authority fixes before it issues the bond. A bond or certificate that otherwise conforms to this section is valid and sufficient for all purposes whether or not the officer whose signature or a facsimile of whose signature is on the bond or certificate is still an officer when the bond or certificate is delivered. An authority: Shall determine the form of its bonds; and May issue its bonds in coupon or registered form or both. An authority shall determine: The manner of execution of its bonds; The denominations of its bonds; and The places for payment of the principal of and interest on its bonds, which may be any bank or trust company. A bond issued under this subtitle is fully negotiable as provided in Title 8 of the Commercial Law Article. An authority may provide for: The registration of any coupon bond as to: Principal only; or Both principal and interest; and The reconversion into a coupon bond of any bond that is registered as to both principal and interest.