Delaware § 5403 Bonds to finance development of industrial, commercial, or residential area authorized

Delaware Statutes

§ 5403 — Bonds to finance development of industrial, commercial, or residential area authorized

Delaware § 5403

Title9

PartKent County

Ch. 54KENT COUNTY TAX INCREMENT FINANCING ACT

This text of Delaware § 5403 (Bonds to finance development of industrial, commercial, or residential area authorized) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 9, § 5403 (2026).

Text

In addition to whatever other powers it may have, and notwithstanding any limitation of law, the County may borrow money by issuing and selling bonds, at any time and from time to time, for the purpose of financing the development of an industrial, commercial, or residential area. The issuance of general obligation bonds pursuant to this chapter shall comply with any debt limits otherwise applicable to the County.

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In addition to whatever other powers it may have, and notwithstanding any limitation of law, the County may borrow money by issuing and selling bonds, at any time and from time to time, for the purpose of financing the development of an industrial, commercial, or residential area. The issuance of general obligation bonds pursuant to this chapter shall comply with any debt limits otherwise applicable to the County.