Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 4160
Deposit and use of proceeds of sale of bonds
All money received from the sale of any or all of such bonds, after the payment of the charges and expenses connected with the preparation and sale thereof, shall be deposited by the Receiver of Taxes and County Treasurer in any depository bank in the State, to the credit of the county government in a separate account and payments thereof shall be made in the same manner as other payments by the county government. No part of the money thus obtained, except as in this section provided, shall be used for any other purpose than those stated in this subchapter and the purchasers or holders of the bonds shall not be bound to see to or be affected by the application of the money realized from the sale of the bonds.
Amendment history
57 Del. Laws, c. 748; 59 Del. Laws, c. 345, § 2
Source: view the official text
In this title (40 sections)
- 9-4123 · Department of Finance
- 9-4124 · Receiver of Taxes and County Treasurer functions
- 9-4125 · Board of Assessment Review
- 9-4131 · Fire companies
- 9-4132 · Kent County Volunteer Firemen’s Association
- 9-4133 · Ambulance service
- 9-4134 · Rescue service
- 9-4135 · Cities and towns; aid for maintenance of public dumping areas
- 9-4136 · Appropriations for community services
- 9-4137 · Appropriations for county records and assessments
- 9-4138 · Sewer authorization loans
- 9-4151 · Personnel Administration Board
- 9-4152 · Establishment by county government
- 9-4153 · Functions
- 9-4154 · Acquisition of land
- 9-4155 · Power to borrow money and issue bonds
- 9-4156 · Terms of bonds
- 9-4157 · Execution and record of bonds
- 9-4158 · Sale of bonds
- 9-4159 · Principal and interest payments; taxes
- 9-4160 · Deposit and use of proceeds of sale of bonds
- 9-4161 · Violations of rules and regulations
- 9-4301 · Short title [Repealed]
- 9-4302 · Definitions [Repealed]
- 9-4303 · Eligibility for retirement benefits; reduction because of…
- 9-4304 · Service in armed forces of the United States or in National…
- 9-4305 · Retirement age; early retirement; mandatory retirement…
- 9-4306 · Retirement pension benefits [Repealed]
- 9-4307 · Disability [Repealed]
- 9-4308 · Submission of pension data to county government for…
- 9-4309 · Pension benefits; time and manner of payment; list of…
- 9-4310 · Retirement of employee [Repealed]
- 9-4311 · Preservation of pension records by Receiver of Taxes and…
- 9-4312 · Arbitration Commission [Repealed]
- 9-4313 · Notice to employee of qualification for pension; resolution of…
- 9-4314 · Effect of receipt of pension or other benefits under other law…
- 9-4315 · Restrictions upon other employment by pensioner [Repealed]
- 9-4316 · Exemption of pension benefits from taxation, attachment;…
- 9-4317 · Funding [Repealed]
- 9-4318 · Trustee [Repealed]