Delaware § 5403 - Bonds to finance development of industrial, commercial, or residential area authorized.
Full text of Delaware Delaware Code § 5403 — Bonds to finance development of industrial, commercial, or residential area authorized., with citation guidance and answers to common questions.
§ 5403. Bonds to finance development of industrial, commercial, or residential area authorized.
In addition to whatever other powers it may have, and notwithstanding any limitation of law, the County may borrow money by issuing and selling bonds, at any time and from time to time, for the purpose of financing the development of an industrial, commercial, or residential area. The issuance of general obligation bonds pursuant to this chapter shall comply with any debt limits otherwise applicable to the County.
81 Del. Laws, c. 25, § 1;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 5403
What does Delaware Code § 5403 cover?
Section 5403 ("Bonds to finance development of industrial, commercial, or residential area authorized.") 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 § 5403?
A common citation format is "Delaware Code § 5403" (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 § 5403 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.