No authority shall be required to pay any taxes or assessments upon any project acquired, constructed or operated by it under this chapter or upon the income therefrom, and the bonds issued under this chapter, their transfer and the income therefrom (including any profit made on the sale thereof) shall at all times be free from taxation by the State or any of its political subdivisions or by any town or incorporated municipality or any other public agency within the State.
Structure Delaware Code
Chapter 14. WATER AND/OR SEWER AUTHORITIES
§ 1403. Amendment of articles of incorporation.
§ 1404. Withdrawal or joinder of municipalities; procedure.
§ 1405. Exercise of powers by governing body; composition; quorum; personnel; salaries; records.
§ 1410. Exemption of projects from taxes.
§ 1411. Fixed charges in connection with projects; regulation of sewage; water meter readings.
§ 1413. Connection with sewerage system by abutting property owners; conditions.
§ 1414. Provisions permitted for inclusion in resolutions or trust agreements providing for bonds.
§ 1415. Moneys received as trust funds; fiscal agents to act as trustees.
§ 1416. Rights of bondholders and trustees.
§ 1418. Accreditation of bonds for investment purposes.
§ 1419. Transfer of interest by municipalities; use of certain lands; powers of municipalities.
§ 1420. Transfer of projects to municipalities; conditions; termination of authorities.
§ 1420A. Incorporation of project within other governmental system; assumption of debt.