Delaware § 7423 - DEFAC projections and monitoring of debt limits.
Full text of Delaware Delaware Code § 7423 — DEFAC projections and monitoring of debt limits., with citation guidance and answers to common questions.
§ 7423. DEFAC projections and monitoring of debt limits.
The Delaware Economic and Financial Advisory Council shall publish at least semiannually in December and June the projections described in § 7422(b) of this title. The Council shall also monitor the application and effect of the debt limits imposed by § 7422 of this title and shall report annually to the General Assembly and the Governor with respect thereto. Such reports shall include any recommendations with respect to such debt limits and the then current Debt Affordability Study prepared by the Department of Finance.
68 Del. Laws, c. 7, § 2; 68 Del. Laws, c. 156, § 25;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 7423
What does Delaware Code § 7423 cover?
Section 7423 ("DEFAC projections and monitoring of debt limits.") 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 § 7423?
A common citation format is "Delaware Code § 7423" (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 § 7423 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.