§ 9209. Trust agreement.
§ 9209. Trust agreement. (a) Any bonds issued under this chapter may be secured by a trust agreement by and between the Authority, a participating institution and a corporate trustee or trustees, which may be any trust company or bank having the powers of a trust company within or without the State. (b) Any trust […]
§ 9210. Fees for services; pledge of revenues as security.
§ 9210. Fees for services; pledge of revenues as security. (a) (1) The Authority shall fix, revise, charge and collect fees and charges for its services and operations and may contract with any person in connection therewith without supervision or regulation by any unit of state government. (2) Any agreement entered into by the Authority […]
§ 9137. Place of payment of principal and interest.
§ 9137. Place of payment of principal and interest. The principal of and interest on the bonds must be payable at a state or national bank within or without the State designated by the issuing officers, as “issuing officers” is defined in § 7401 of Title 29. 82 Del. Laws, c. 21, § 4;
§ 9138. Signing and sealing bonds.
§ 9138. Signing and sealing bonds. The bonds must be signed by the president of the College, or the chair, and 1 other member of the Board. The Board may adopt a seal to be used in the execution of the bonds. The Board may, in lieu of the signatures required by this section, authorize […]
§ 9139. Temporary bonds.
§ 9139. Temporary bonds. Until bonds in definite form are prepared, the Board may cause temporary bonds with appropriate coupons to be prepared. Temporary bonds must be executed and signed as provided in §§ 9135 through 9138 of this title. Temporary bonds may be exchanged for definitive bonds at the request of the holder. 82 […]
§ 9140. Cancellation and destruction of paid bonds.
§ 9140. Cancellation and destruction of paid bonds. After any bonds issued under the authority of this chapter or the coupons annexed to the bonds have been paid, the bonds or coupons must be immediately cancelled, a record of payment must be made, and the bonds or coupons must destroyed. 82 Del. Laws, c. 21, […]
§ 9141. Replacement of lost, destroyed, or defaced bonds.
§ 9141. Replacement of lost, destroyed, or defaced bonds. (a) Upon written request of the owner of the unmatured bond, or the owner’s legal representative, successor, or assign, the Board may issue a new bond to replace an unmatured bond which has been lost, destroyed, or defaced if all of the following are provided: (1) […]
§ 9142. Rules and regulations governing fiscal records pertaining to bonds.
§ 9142. Rules and regulations governing fiscal records pertaining to bonds. The Budget Commission, established by Chapter 63 of Title 29, shall promulgate and enforce rules and regulations governing the fiscal records to be maintained by the State Treasurer and the College pertaining to bonds of such College. 82 Del. Laws, c. 21, § 4;
§ 9201. Legislative findings; declaration of purpose; construction of chapter.
§ 9201. Legislative findings; declaration of purpose; construction of chapter. (a) The General Assembly makes the following findings: (1) For the benefit of the people of the State, the conduct and increase of their commerce, the protection and enhancement of their welfare, the development of continued prosperity and the improvement of their health and living […]
§ 9202. Definitions.
§ 9202. Definitions. Unless the context clearly requires otherwise, in this chapter the following words have the meanings indicated: (1) “Authority” means the Delaware Higher Education Supplemental Loan Authority. (2) “Authority loans” means loans by the Authority to institutions of higher education for the purpose of funding education loans. (3) “Bond resolution” means the resolution […]