Delaware Code Title 7 Sec. 4168 – Limitation on borrowing power of tax ditch
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A tax ditch may borrow money pursuant to this chapter with the consent of a majority of the votes cast at a meeting duly called under § 4159 of this title. No tax ditch shall borrow money in excess of 90 percent of the total assessment base established by the ditch order.
48 Del. Laws, c. 151, § ?46; 7 Del. C. 1953, § ?4168; 50 Del. Laws, c. 276, § ?29;