The principal amount of the bonds, the interest payable thereon, their transfer, and any income derived therefrom, including any profit made in the sale or transfer thereof, shall be exempt from taxation by the State and by the several counties and municipalities of this State.
Structure Delaware Code
Chapter 32. NEW CASTLE COUNTY TAX INCREMENT FINANCING ACT
§ 3203. Bonds to finance development of industrial, commercial or residential area authorized.
§ 3205. Application of bond proceeds.
§ 3206. Conditions precedent to issuance of bonds.
§ 3207. Resolution creating special fund.
§ 3209. Agreements to pay revenue from taxes on tax increment into special fund.
§ 3210. Ordinance authorizing bonds.
§ 3211. Exemption of bonds from taxation.
§ 3212. Nature and incidents of bonds.
§ 3213. Taxation of leased property in TIF District.
§ 3214. TIF District consistency with certified comprehensive plan.