PocketLaw | Delaware Code | Delaware Higher Education Supplemental

Delaware Higher Education Supplemental Loan Authority

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Legislative findings; declaration of purpose; construction of chapter.

Definitions.

Established; composition; term of office; vacancies; officers; compensation.

Executive Director; General Counsel; quorum; power to issue bonds.

Powers and duties.

Use of refunding bond proceeds.

Loan funding deposits.

Bonds.

Trust agreement.

Fees for services; pledge of revenues as security.

Enforcement of rights and duties by bondholder.

Refunding bonds.

Permissible investments.

Legal investments in bonds.

Accounts; annual report; audit.

Chapter additional and supplemental to other laws; permissible rate of interest.

Tax exemption.

Termination of Authority.

Basic salary schedule for Plan A employees.