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 by special resolution that the signatures of the individuals required to sign the bonds may be engraved or facsimiles of the signatures printed or otherwise transcribed upon the bonds. If such engraved or facsimile signatures are authorized and engraved, printed, or otherwise impressed upon the bonds, the signatures have the same effect as written signatures.
Structure Delaware Code
Chapter 91. Administrative Provisions
Subchapter II. Community College Infrastructure Fund
§ 9130. Establishment of Community College Infrastructure Fund; purposes; limitations.
§ 9131. Power of Board to issue promissory notes or bonds.
§ 9132. Faith and credit of the College; exemption of bonds from taxation.
§ 9133. Validity of bonds; incontestability.
§ 9134. Procedure governing sale of bonds to State.
§ 9135. Terms and form of bonds.
§ 9136. Designation, numbering, and date of bonds.
§ 9137. Place of payment of principal and interest.
§ 9138. Signing and sealing bonds.
§ 9140. Cancellation and destruction of paid bonds.
§ 9141. Replacement of lost, destroyed, or defaced bonds.
§ 9142. Rules and regulations governing fiscal records pertaining to bonds.