CHAPTER 187

FORMERLY

SENATE BILL NO. 267

AN ACT TO AMEND CHAPTER 74, TITLE 29 OF THE DELAWARE CODE RELATING TO BONDS AND NOTES OF THE STATE.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (three-fourths of all members elected to each House thereof concurring therein):

AMEND §7402(c), Chapter 74, Title 29, Delaware Code by adding the following subsection (6) to the end thereof:

"(6) Any other law to the contrary notwithstanding, the issuing officers, by resolution adopted by unanimous vote may resolve to issue refunding bonds to refund the State's Certificates of Participation (Real Estate Acquisition Program) Series 1989 so long as the other requirements of this section are satisfied and assuming that said Certificates of Participation are treated as the Bonds to be refunded."

Approved February 4, 1994.