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Code · Delaware · Title 9 — Counties · Chapter 23. Sanitary Sewer Districts

§ 2315. Preparation, form and execution of bonds.

121 words·~1 min read·/de/title-9/chapter-23-sanitary-sewer-districts/2315·

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The County Council shall direct and effect the preparation and printing of the bonds authorized by this chapter, 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 may be designated by the County Council.
The bonds shall be signed as prescribed by the County Council.
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