Bonds shall be payable from the special fund described in this chapter, and the Levy Court may also establish sinking funds, establish debt service reserve funds, or pledge other assets and revenues towards the payment of the principal, premium, if any, and interest, including special taxes levied and collected pursuant to Chapter 55 of this title.

81 Del. Laws, c. 25, § 1;

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Delaware Code Title 9 Sec. 5404

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Levy Court: means Kent County Levy Court. See Delaware Code Title 9 Sec. 5402