§ 514 — Preparation, form and execution of bonds

Delaware § 514

• Jurisdiction: Delaware
• Title: 9
• Part: Provisions Affecting All Counties
• Ch. 5: SUBURBAN COMMUNITY IMPROVEMENTS
• Subch.: Sidewalks, Streets, Signs, Drainage, Storm Sewers

Text

The county government shall direct and effect the preparation and printing of the bonds authorized by this subchapter, shall determine whether such bonds shall be registered or bearer with coupons convertible into fully registered bonds and shall prescribe the form of the bonds and, in the case of bearer bonds with coupons, the form of the coupons for the payment of interest thereto attached. The bonds shall state the conditions under which they are issued. The face amount of the bonds and, in the case of bearer bonds with coupons, the coupons thereto attached shall be payable at such place or places as shall be designated by the county government. The bonds shall be signed in the manner prescribed by the county government.

Legislative History

45 Del. Laws, c. 123, § 13 ; 9 Del. c. 1953,, § 514; 55 Del. Laws, c. 85, § 4A ; 63 Del. Laws, c. 142, § 8 ; 64 Del. Laws, c. 318, § 2