Del. Code tit. 14 § 9218

Current through 2024 Legislative Session Act Chapter 269

Section 9218 - Termination of Authority

The Authority in its corporate existence shall continue until terminated by law but no law terminating its existence shall take effect as long as any bonds of the Authority are outstanding and unpaid without adequate provision for payment having been made. Upon termination of its existence, all rights, privileges and property of the Authority shall pass to and be vested in the State.

14 Del. C. § 9218

63 Del. Laws, c. 378, §1.;