Delaware § 1806 - When no bonds or other obligations outstanding.
Full text of Delaware Delaware Code § 1806 — When no bonds or other obligations outstanding., with citation guidance and answers to common questions.
§ 1806. When no bonds or other obligations outstanding.
(a) When no bonds are outstanding, the municipality may use money in the special fund for payment or reimbursement of debt service on other obligation that the municipality is obligated to pay under an agreement described in § 1802(b)(3) of this title.
(b) When no bonds are outstanding with respect to a special development district and no other obligations are outstanding:
(1) The special development district shall be terminated; and
(2) Any moneys remaining in the special fund on the date of termination of the special development district shall be paid to the general fund of the municipality.
74 Del. Laws, c. 145, § 2; 81 Del. Laws, c. 22, § 6;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 1806
What does Delaware Code § 1806 cover?
Section 1806 ("When no bonds or other obligations outstanding.") 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 § 1806?
A common citation format is "Delaware Code § 1806" (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 § 1806 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.