Delaware Code Title 14 Sec. 2110 – Place of payment of principal and interest
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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 Del. Laws, c. 173, § ?1; Code 1935, § ?2720; 47 Del. Laws, 2nd Spec. Sess., c. 1,, § ?3; 14 Del. C. 1953, § ?2109; 63 Del. Laws, c. 142, § ?34;
Terms Used In Delaware Code Title 14 Sec. 2110
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
- State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302