Delaware § 4631 Authorization of notes in anticipation of bonds

Delaware Statutes

§ 4631 — Authorization of notes in anticipation of bonds

Delaware § 4631

Title9

PartKent County

Ch. 46SEWERS AND SEWER DISTRICTS

This text of Delaware § 4631 (Authorization of notes in anticipation of bonds) 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. 9, § 4631 (2026).

Text

In anticipation of the issuance of bonds, the county government may by resolution authorize the issuance of negotiable notes when it shall have theretofore authorized the issuance of bonds. Such notes shall mature within 1 year from the date of their issue and may be renewed from time to time, but each renewal shall be for a period not exceeding 1 year, and in no event shall such notes extend more than 7 years beyond the original date of issue.

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

In anticipation of the issuance of bonds, the county government may by resolution authorize the issuance of negotiable notes when it shall have theretofore authorized the issuance of bonds. Such notes shall mature within 1 year from the date of their issue and may be renewed from time to time, but each renewal shall be for a period not exceeding 1 year, and in no event shall such notes extend more than 7 years beyond the original date of issue.