Del. Code tit. 9 § 5514
Current through 2024 Legislative Session Act Chapter 531
Bonds issued under this chapter are a special obligation of the county and may not constitute a general obligation debt of the county, or a pledge of the county's full faith and credit or taxing power. Bonds are nonrecourse to property owners who purchase property in a special development district. Property owners who purchase property in a special development district shall only be responsible for the payment of ad valorem real property taxes and special taxes levied by the Levy Court pursuant to this chapter.
9 Del. C. § 5514