Delaware Statutes

§ 4021 — Provisions of bonds and mortgages

Delaware·Title 31·Part Housing and Slum Clearance·Ch. 40 THE DELAWARE STATE HOUSING AUTHORITY·Subch. Delaware State Housing Authority

In connection with the issuance of bonds or the incurring of any obligation under a lease and to secure the payment of such bonds or obligations, DSHA in addition to its other powers may:

(1)Pledge all or any part of its rents, fees or revenues to which its right then exists or may thereafter come into existence;
(2)Mortgage all or any part of its property, real or personal, then owned or thereafter acquired, including any of the public domain owned or acquired by it;
(3)Covenant against mortgaging all or any part of its property, real or personal, then owned or thereafter acquired or against permitting or suffering any lien thereon;
(4)Covenant with respect to limitations on its right to sell, lease or otherwise dispose of any project or any part thereof;
(5)Covenant against ple

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Legislative History

71 Del. Laws, c. 357, § 6

Nearby Sections

15
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