Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 762
Attestation of bonds; interest; maturity; sale
Such bonds of a park district shall be issued when authorized under §§ 760 and 761 of this title in the name of the district, signed by the president and secretary, and countersigned by the treasurer, with the seal of said district affixed; they shall bear interest at not exceeding 5 percent per annum payable semiannually, and the principal shall be payable at such time and place as may be determined by the board, not exceeding 20 years from their date. The board of such district may sell the bonds in any manner it deems for the best interests of the district, at not less than par, and the proceeds thereof shall be used exclusively for the purpose authorized in this chapter.
Amendment history
52 Del. Laws, c. 42.
Source: view the official text
In this title (40 sections)
- 9-719 · Terms; election date; notice of election
- 9-720 · Conduct of elections
- 9-721 · Vacancies; method of filling
- 9-740 · Governing board; oath
- 9-741 · Interest in contracts
- 9-742 · Records and ordinances
- 9-743 · Proof of ordinances
- 9-744 · Appropriation ordinances
- 9-745 · Publication of appropriation ordinances
- 9-746 · Creation of debt
- 9-747 · Employees
- 9-748 · Duties and election of officers
- 9-749 · Duties of president
- 9-750 · General taxes; levy
- 9-751 · Assessment list
- 9-752 · Tax collection warrant and assessment list
- 9-753 · Collection and deposit of park district taxes
- 9-754 · Report of park district tax collections and payment of…
- 9-760 · Bonds; limitation
- 9-761 · Issuance of bonds; use authorized
- 9-762 · Attestation of bonds; interest; maturity; sale
- 9-763 · Tax for interest and principal
- 9-764 · Issuance of bonds; bond anticipation notes
- 9-765 · Use of funds
- 9-770 · General corporate powers
- 9-771 · Deposit of funds
- 9-772 · Recreational programs and other special powers
- 9-773 · Approval of the General Assembly
- 9-800 · Creation of county library agency; powers of county library…
- 9-801 · County library advisory board
- 9-802 · Public library collection development policy
- 9-803 · Authority to establish systems
- 9-804 · Payment of costs of countywide library system
- 9-805 · Library districts — Establishment; budget
- 9-806 · Library districts — Tax rate
- 9-807 · Library districts — Tax levy
- 9-808 · Library districts — Delivery of duplicate assessment list
- 9-809 · Library districts — Tax collection warrant
- 9-810 · Library districts — Collection of library district taxes; lien…
- 9-811 · General borrowing power