Delaware § 1506 - Prohibitions.
Full text of Delaware Delaware Code § 1506 — Prohibitions., with citation guidance and answers to common questions.
§ 1506. Prohibitions.
(a) No authority or management company shall issue bonds or other forms of securities; nor shall any authority or management company pledge the full faith and credit of the municipality in which its district lies for the payment of its debts, or of the State.
(b) No authority or management company shall undertake or make any assessment in support of the provision of a service which is presently offered by the municipality in which the district lies.
(c) No authority or management company may make any assessment for the provision of any service which is not for the direct benefit and advantage of the business improvement district.
69 Del. Laws, c. 328, § 1;Frequently Asked Questions About Delaware § 1506
What does Delaware Code § 1506 cover?
Section 1506 ("Prohibitions.") is part of the Delaware Code, the codified statutory law of Delaware. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Delaware § 1506?
A common citation format is "Delaware Code § 1506" (Delaware). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Delaware law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.
How does Delaware § 1506 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Delaware.