State covenant for control of Bridge. — Delaware Code § 328
Delaware Code § 328 — State covenant for control of Bridge.. Reproduced from the official Delaware Code, with a citation summary, verification link, and related provisions.
§ 328. State covenant for control of Bridge.
The State covenants and agrees with the holders of any of the revenue bonds or other obligations issued by the Department under this chapter or any prior law for which there may be pledged the tolls, rents, rates or other revenues, or any part thereof, of the Bridge, that so long as any bonds or obligations remain outstanding and unpaid and unless and until adequate provision is made by law for the protection of the persons advancing money upon such obligations, the State will not diminish or impair the power of the Department or of any successor thereof to own, operate or control such Bridge and appurtenances or to establish, levy and collect tolls, rents, rates and other charges in connection therewith.
Code 1935, c. 166; 45 Del. Laws, c. 275, § 10; 17 Del. C. 1953, § 328;Source: official Delaware text · Last verified 2026-08-27
At a glance
- Citation: Delaware Code § 328
- Jurisdiction: Delaware
- Code: Delaware Code
- Subject: State covenant for control of Bridge.
- Text: transcribed from the official source (verify below)
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It addresses "State covenant for control of Bridge.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
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