Delaware Code Title 22 Sec. 1704 – Payment of bonds
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Bonds shall be payable from the special fund described in § 1706(3)b. of this title, and the governing body of the issuer may also pledge its full faith and credit or establish sinking funds, establish debt service reserve funds or pledge other assets and revenues towards the payments of the principal, premium, if any, and interest, including special taxes levied and collected pursuant to Chapter 18 of this title.
Terms Used In Delaware Code Title 22 Sec. 1704
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.