Delaware Statutes
§ 9218 — Termination of Authority
Delaware·Title 14·Part Delaware Technical and Community College·Ch. 92 DELAWARE HIGHER EDUCATION SUPPLEMENTAL LOAN AUTHORITY
The Authority in its corporate existence shall continue until terminated by law but no law terminating its existence shall take effect as long as any bonds of the Authority are outstanding and unpaid without adequate provision for payment having been made. Upon termination of its existence, all rights, privileges and property of the Authority shall pass to and be vested in the State.
Free access — add to your briefcase to read the full text and ask questions with AI
Delaware § 9218 (Termination of Authority) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
63 Del. Laws, c. 378, § 1
Nearby Sections
15
§ 9202
Definitions§ 9205
Powers and duties§ 9207
Loan funding deposits§ 9208
Bonds§ 9209
Trust agreement§ 9212
Refunding bonds§ 9213
Permissible investments