Go to Previous Versions
of
this Section
2025 Delaware Code
Title 9 - Counties
Chapter 7. PARK DISTRICTS
Subchapter V. Bonds; Powers to Issue; Terms
§ 760. Bonds; limitation.
Universal Citation:
9 DE Code § 760 (2025)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 760. Bonds; limitation.
For the payment of land purchased for parks or boulevards, for the building, maintaining, improving and protecting of the same and for the payment of the expenses incident thereto, or for the acquisition of real estate and lands to be used as a site for recreation centers, any park district is authorized to issue the bonds of such park district and pledge its property and credit therefor to an amount including existing indebtedness of such district so that the aggregate indebtedness of such district shall not exceed 21/2 percent of the value of the taxable property therein, to be ascertained by the last assessment for county taxes previous to the issue from time to time of such bonds.
9 Del. C. 1953, § 760; 52 Del. Laws, c. 42.;
Disclaimer: These codes may not be the most recent version. Delaware may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
