Title 14, Education

§ 2105. Validity of bonds; incontestability. When any bonds shall be sold and delivered pursuant to this chapter, the certification by the Department of Elections conducting the election pursuant to § 1083(d)(2) of this title and the certification by the school board of the distr…

§ 2106. Procedure governing sale of bonds to State. The school board of any district, with the exception of the Board of Public Education in Wilmington, shall sell any bonds to be issued pursuant to the authority contained in this chapter or pursuant to any other provision of law…

§ 2107. Limitation on amount of bonds that may be issued. A school board shall not issue bonds, except for the purpose of refunding outstanding bonds, in an amount which would cause the aggregate amount of bonded debt of the district, less the amount of sinking funds on hand for …

§ 2108. Terms and form of bonds. The bonds shall be in such denomination or denominations, in such form and shall bear such rate of interest as shall be determined by the State pursuant to § 7506 of Title 29; provided, however, that the school board of any district shall be consu…

§ 2109. Designation, numbering and date of bonds. Any bonds issued pursuant to this chapter shall be designated by the name of the district issuing the bonds and the year in which the bonds are issued. The bonds shall be numbered consecutively and shall bear date as of the date a…

§ 2110. Place of payment of principal and interest. The principal of and interest on the bonds shall be payable at a state or national bank within or without the State designated by the issuing officers as that term is defined in § 7401 of Title 29.32 Del. Laws, c. 160, § 53; 34 …

§ 2111. Signing and sealing bonds. The bonds shall be signed by the president or chairperson and 1 other member of the school board. The school board may adopt a seal to be used in the execution of the bonds. The school board may, in lieu of the signatures required by this sectio…

§ 2112. Temporary bonds. Until bonds in definite form can be prepared, the school board issuing the bonds may cause temporary bonds with appropriate coupons to be prepared which shall be executed and signed as provided in §§ 2108-2111 of this title, which said temporary bonds sha…

§ 2113. Cancellation and destruction of paid bonds and coupons. After any bonds issued under the authority of this chapter or the coupons annexed thereto shall have been paid, they shall be immediately cancelled, a record of payment shall be made and the bonds or coupons destroye…

§ 2114. Replacement of lost, destroyed or defaced bonds. The school board of any district may issue a new bond to replace an unmatured bond which has been lost, destroyed or defaced, upon the written request of the owner thereof, the owner’s legal representatives, successors or a…

§ 2115. Rules and regulations governing fiscal records pertaining to bonds. The Permanent Budget Commission shall promulgate and enforce rules and regulations governing the fiscal records to be maintained by the State Treasurer and the districts pertaining to bonds of such distri…

§ 2116. Taxing power of district. The authority to issue bonds shall be construed to be authority to provide funds for the payment of the interest and annual payments on such bonds, which without further authority shall be provided for by an additional tax levy on the property su…

§ 2117. Assessment list; objections; posting; hearing. The school board of the district in which the tax is to be levied under § 2116 of this title shall use the assessment list of the county in which that district is located, in order to determine all the taxables of the distric…

§ 2118. Assessment, levy and collection of taxes. (a) Based on the total value of all taxable property as shown on the county assessment list and on the amount to be raised, the board of the district shall fix the rate of taxation plus 10 percent for delinquencies. (b) The board …

§ 2119. Report of tax collections and payment of collected taxes. (a) Each receiver of taxes and county treasurer shall, on the first day of each month, make a report to the school board of the district for which the receiver or treasurer is collecting taxes, to the State Treasur…

§ 2120. Jurisdiction of justices of the peace. Whoever, being a receiver of taxes and county treasurer of any county, or other person authorized to collect school taxes, or a member of any school board, fails, neglects or refuses to perform all or any of the duties imposed upon t…

§ 2121. Authority to tax; scope of this chapter. The board of education of any school district which has issued bonds under the authority of any former school law of this State shall levy and collect taxes to provide funds for the payment of the interest on the bonds and for the …

§ 2122. Election to authorize bond issue; rules governing; referendum to transfer tax funds. (a) Before any school board issues bonds under this chapter, it shall call a special election. (b) At any such special election every person qualified to vote under § 1077 of this title m…

§ 2123. Election results; publication of results. (a) If at an election called under § 2122(a) of this title a majority of the vote cast shall be for the bond issue, then bonds to the amount voted upon shall be issued as provided for by this chapter, but if at such election a maj…

§ 2124. Purchase of land for school purposes. Nothing in this chapter shall prohibit any school board, with the prior approval of the Department of Education, from purchasing or from entering into contracts relating to the acquisition of lands for school purposes, if the school b…