Delaware § 2710 Bond servicing procedure

Delaware Statutes

§ 2710 — Bond servicing procedure

Delaware § 2710

Title29

PartState Offices Created by Constitution

Ch. 27STATE TREASURER

This text of Delaware § 2710 (Bond servicing procedure) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 29, § 2710 (2026).

Text

The State Treasurer shall cause any agent so designated by the issuing officers to maintain reconciliation statements on all state bonds and coupons. Said reconciliation statements shall balance with bank statements on bond and coupon accounts. Any paid-off, matured, redeemed, called or cancelled bonds and coupons shall be held by any agent so designated by the issuing officers on behalf of the State Treasurer until a sufficient quantity has been collected by the office to be cancelled and destroyed according to this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

The State Treasurer shall cause any agent so designated by the issuing officers to maintain reconciliation statements on all state bonds and coupons. Said reconciliation statements shall balance with bank statements on bond and coupon accounts. Any paid-off, matured, redeemed, called or cancelled bonds and coupons shall be held by any agent so designated by the issuing officers on behalf of the State Treasurer until a sufficient quantity has been collected by the office to be cancelled and destroyed according to this chapter.

Legislative History

Code 1935, § 403A; 48 Del. Laws, c. 252, § 1 ; 29 Del. C. 1953, § 2711; 50 Del. Laws, c. 321, § 1 ; 57 Del. Laws, c. 741, § 34B ; 58 Del. Laws, c. 315, § 6 ; 59 Del. Laws, c. 378, § 1 ; 61 Del. Laws, c. 539, § 2 ; 63 Del. Laws, c. 142, § 45