Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 4709
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 a state or national bank designated by Kent County, 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 purposes than those stated in this chapter, 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
56 Del. Laws, c. 103, § 14; 63 Del. Laws, c. 142, § 23
Source: view the official text
In this title (40 sections)
- 9-4650 · Application of proceeds
- 9-4651 · Bonds and notes negotiable
- 9-4652 · Reconversion of fully registered bonds
- 9-4653 · Reissuance of bonds or notes lost or destroyed
- 9-4654 · Reissuance of defaced or partially destroyed bonds or notes
- 9-4655 · Certain agreements forbidden
- 9-4656 · Payment of bonds and notes
- 9-4657 · Appropriation may include engineering and other costs
- 9-4658 · Validity of bonds not dependent on preliminary proceedings
- 9-4659 · Legal effect of debt statement
- 9-4660 · Short period of limitations
- 9-4661 · Construction of chapter with other laws
- 9-4701 · Acquisition of land; construction and operation of…
- 9-4702 · Acquisition of land by purchase
- 9-4703 · Powers of county government as to operation of plant;…
- 9-4704 · Power to borrow money and issue bonds
- 9-4705 · Terms of bonds
- 9-4706 · Execution and record of bonds
- 9-4707 · Sale of bonds
- 9-4708 · Principal and interest payments; taxes
- 9-4709 · Deposit and use of proceeds of sale of bonds
- 9-4720 · Definitions
- 9-4721 · Petition to establish garbage collection district
- 9-4722 · Public hearing
- 9-4723 · Creation of garbage collection district
- 9-4724 · Contracts for garbage collection authorized
- 9-4725 · Award of contracts
- 9-4726 · Levy and collection of garbage collection tax
- 9-4727 · Administration of funds
- 9-4728 · Annual rebidding on contracts [Repealed]
- 9-4729 · Continuation and termination of contracts; consolidation of…
- 9-4730 · Annual budgeting
- 9-4801 · Definitions
- 9-4802 · Regional Planning Commission and Regional Planning District;…
- 9-4803 · Regional Planning Commission
- 9-4804 · Office space and equipment
- 9-4805 · Secretary of Commission and other personnel
- 9-4806 · Assistance to Commission by County and City of Dover
- 9-4807 · Master plan of District
- 9-4808 · Road surveys