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2017 Delaware Code
Title 22 - Municipalities
CHAPTER 13. MUNICIPAL ELECTRIC COMPANIES
§ 1316. Successor entities.
Universal Citation: 22 DE Code § 1316 (2017)
A company shall, if the contract so provides, be the successor to any nonprofit corporation, agency or any other entity theretofore organized by such contracting municipalities to provide the same or a related function, and the company shall be entitled to all rights and privileges and shall assume all obligations and liabilities of the other entity under existing contracts to which the other entity is a party.
61 Del. Laws, c. 496, ยง 1.;
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