Del. Code tit. 22 § 1316
Current through 2024 Legislative Session Act Chapter 494
A company shall, if the contract so provides, be the successor to any nonprofit corporation, agency or any other entity theretofore organized by such contracting municipalities to provide the same or a related function, and the company shall be entitled to all rights and privileges and shall assume all obligations and liabilities of the other entity under existing contracts to which the other entity is a party.
22 Del. C. § 1316