Delaware Statutes
§ 8785 — No pledge of state credit; no assumption of liability by State
Delaware·Title 29·Part Departments of Government·Ch. 87 DEPARTMENT OF STATE·Subch. Diamond State Port Corporation
The Corporation shall have no power, except where expressly granted by separate act of the General Assembly, to pledge the credit or to create any debt or liability of the State or of any other agency or of any political subdivision of the State, and the State shall not assume or be deemed to have assumed any debt or liability of the Corporation as the result of any exercise of power by the Corporation.
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Legislative History
70 Del. Laws, c. 210, § 25 ; 75 Del. Laws, c. 88, § 19
Nearby Sections
15
§ 8704
Division of Corporations§ 8706
Public Archives§ 8708
Exemptions§ 8709
Assumption of powers§ 8710
Appeals§ 8711
Transfers and continuity§ 8712
Annual report§ 8714
Budgeting and financing§ 8715
Supremacy