Delaware Code
Chapter 4. DELAWARE INTERSTATE HIGHWAY DIVISION
§ 413. Bonds for construction of facilities.

The Department may issue, in the name of the State, revenue bonds of the State, payable solely from the revenues of the Department, for the purpose of paying the cost of construction (including interest during the period of construction and for 1 year thereafter) of any toll crossing which it may construct under this chapter or to defray the cost of constructing or improving highways, and for the purpose of refunding any bonds issued under this chapter, at or prior to the maturity thereof.

Structure Delaware Code

Delaware Code

Title 17 - Highways

Chapter 4. DELAWARE INTERSTATE HIGHWAY DIVISION

§ 401. Definitions.

§ 402. Purpose.

§ 403. Control, operation and revenues of Delaware Memorial Bridge and approaches vested in Department.

§ 404. Contracts for maintenance of Delaware Memorial Bridge or repairs or improvements.

§ 405. Construction of toll crossings, highways, express highways and parallel service roads; operation of competitive commercial enterprises.

§ 406. Acquisition of property for toll crossings.

§ 407. Use of lands under Delaware River.

§ 408. Regulations for use of Bridge or other toll crossings for public utility facilities; penalty for violations.

§ 409. Insurance.

§ 410. Employment of general manager, guards and toll keepers; indemnity bond.

§ 411. Other crossings prohibited.

§ 412. Exemption from taxation.

§ 413. Bonds for construction of facilities.

§ 414. Bonds for refunding of outstanding obligations.

§ 415. Form and terms of bonds; disposition of proceeds.

§ 416. Bonds as legal investments for institutions and fiduciaries, and as legal deposit.

§ 417. Credit of State not pledged.

§ 418. Trust indenture.

§ 419. Remedies of bondholders and trustees.

§ 420. Power to collect and pledge tolls and revenues; fixation of tolls, rates or charges.

§ 421. Contributions.

§ 422. Moneys as trust funds.

§ 423. State covenant for control of crossings.

§ 424. Pecuniary interest of member or employee; penalty.

§ 425. Penalty for nonpayment of toll.

§ 426. Construction of chapter.