Delaware Statutes
§ 9221 — Continued existence of Authority
Delaware·Title 16·Part Hospitals and Other Health Facilities·Ch. 92 DELAWARE HEALTH FACILITIES AUTHORITY
The Authority and its corporate existence shall continue until terminated by law, provided, however, that no such law shall take effect so long as the Authority shall have bonds, notes or other obligations outstanding, unless adequate provision has been made for the payment thereof. Upon termination of the existence of the Authority, all its rights and properties shall pass to and be vested in the State.
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Legislative History
59 Del. Laws, c. 292, § 1 ; 67 Del. Laws, c. 152, § 3
Nearby Sections
15
§ 9201
Declaration of policy§ 9202
Short title§ 9203
Definitions§ 9205
General grant of powers§ 9207
Acquisition of property§ 9208
Title to projects§ 9209
Release of collateral§ 9210
Notes of the Authority§ 9211
Bonds of the Authority§ 9212
Trust agreement§ 9214
Revenues