§ 9214. Legal investments in bonds.
§ 9214. Legal investments in bonds. All banks, bankers, trust companies, savings banks and institutions, building, savings and loan associations, investment companies, insurance companies and associations, and all executors, administrators, guardians, trustees and other fiduciaries may legally invest any sinking funds, moneys or other funds belonging to them or within their control in any bonds […]
§ 9215. Accounts; annual report; audit.
§ 9215. Accounts; annual report; audit. (a) The Authority shall keep full and accurate accounts of its activities and operations and shall annually in the month of January make a report to the Governor, the Controller General, the Speaker of the House of Representatives, the President Pro Tempore of the Senate and the Secretary of […]
§ 9216. Chapter additional and supplemental to other laws; permissible rate of interest.
§ 9216. Chapter additional and supplemental to other laws; permissible rate of interest. (a) This chapter provides a complete, additional and alternative method for the doing of the things authorized and shall be regarded as supplemental and additional to, and the limitations imposed by this chapter do not limit or otherwise affect powers or rights […]
§ 9217. Tax exemption.
§ 9217. Tax exemption. The Authority shall not be required to pay any taxes or assessments of any kind whatsoever and its bond, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, shall be exempt at all times from every kind and […]
§ 9218. Termination of Authority.
§ 9218. Termination of Authority. The Authority in its corporate existence shall continue until terminated by law but no law terminating its existence shall take effect as long as any bonds of the Authority are outstanding and unpaid without adequate provision for payment having been made. Upon termination of its existence, all rights, privileges and […]
§ 9219. Basic salary schedule for Plan A employees.
§ 9219. Basic salary schedule for Plan A employees. (a) Salaries paid to Delaware Technical and Community College Salary Plan A employees shall, upon full implementation, be based on the following index schedule: DELAWARE TECHNICAL AND COMMUNITY COLLEGE INDEX SCHEDULE FOR PLAN A EMPLOYEES Yrs of Exp. No Degree Assoc. Degree Bach. Degree Bach. Degree […]
§ 9130. Establishment of Community College Infrastructure Fund; purposes; limitations.
§ 9130. Establishment of Community College Infrastructure Fund; purposes; limitations. (a) (1) There is established within the Office of the State Treasurer a special account to be known as the “Community College Infrastructure Fund”, with the intent that the General Assembly fund said account by an annual appropriation of at least $10 million for the […]
§ 9204. Executive Director; General Counsel; quorum; power to issue bonds.
§ 9204. Executive Director; General Counsel; quorum; power to issue bonds. (a) (1) The Authority may appoint an Executive Director and a General Counsel, and any other officers, none of whom may be members of the Authority. (2) The Executive Director shall: a. Serve at the pleasure of the Authority; and b. Receive compensation as […]
§ 9131. Power of Board to issue promissory notes or bonds.
§ 9131. Power of Board to issue promissory notes or bonds. (a) The Board may issue promissory notes or bonds payable to the State for the purpose of carrying out any plan or program for the acquisition of lands, acquisition or construction of buildings, improvements to lands or buildings, or acquisition of equipment as may […]
§ 9205. Powers and duties.
§ 9205. Powers and duties. (a) (1) In addition to any other powers granted or duties imposed upon it, the Authority has the powers and duties set forth in this section. (2) The Authority shall adopt any rule or regulation necessary to carry out its powers and duties. (b) The Authority may: (1) Adopt an […]