PocketLaw | Delaware Code | Community College Infrastructure Fund

Community College Infrastructure Fund

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Establishment of Community College Infrastructure Fund; purposes; limitations.

Power of Board to issue promissory notes or bonds.

Faith and credit of the College; exemption of bonds from taxation.

Validity of bonds; incontestability.

Procedure governing sale of bonds to State.

Terms and form of bonds.

Designation, numbering, and date of bonds.

Place of payment of principal and interest.

Signing and sealing bonds.

Temporary bonds.

Cancellation and destruction of paid bonds.

Replacement of lost, destroyed, or defaced bonds.

Rules and regulations governing fiscal records pertaining to bonds.