§ 4168 Limitation on borrowing power of tax ditch.

7 DE Code § 4168 (2019) (N/A)
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A tax ditch may borrow money pursuant to this chapter with the consent of a majority of the votes cast at a meeting duly called under § 4159 of this title. No tax ditch shall borrow money in excess of 90 percent of the total assessment base established by the ditch order.

48 Del. Laws, c. 151, § 46; 7 Del. C. 1953, § 4168; 50 Del. Laws, c. 276, § 29.