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    • Legislation USA
    • Delaware Code
    • Title 29 - State Government
    • Chapter 87A. ECONOMIC DEVELOPMENT
    • Subchapter VII. Delaware Economic Development Authority
    • § 8765A. Exemption from taxation.

    Delaware Code
    Subchapter VII. Delaware Economic Development Authority
    § 8765A. Exemption from taxation.

    (a) Interest on bonds issued under this subchapter shall be exempt from income taxation by the State or any political subdivision thereof.
    (b) Any real or personal property of the Authority which is not used by an assisted person as part of, or in connection with, a project shall be exempt from any and all taxation by the State or any political subdivision thereof.

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    Structure Delaware Code

    Delaware Code

    Title 29 - State Government

    Chapter 87A. ECONOMIC DEVELOPMENT

    Subchapter VII. Delaware Economic Development Authority

    § 8751A. Findings; declaration of policy.

    § 8752A. Definitions.

    § 8753A. Established; organization.

    § 8754A. Deauthorization of state-guaranteed bonds.

    § 8755A. Application for assistance; findings and determinations.

    § 8756A. Bonds.

    § 8757A. Covenants with bondholders.

    § 8758A. Pledge of revenues or other property.

    § 8759A. Limitation on liability of State.

    § 8760A. Negotiability of bonds.

    § 8761A. Default in payment of state-guaranteed bonds; insufficient revenues to make payment.

    § 8762A. Limitation of powers of State.

    § 8764A. Bonds as legal investments for institutions and fiduciaries.

    § 8765A. Exemption from taxation.

    § 8766A. Property of Authority exempt from judicial process.

    § 8767A. Liberal construction of subchapter.

    § 8768A. Inconsistent laws inapplicable; facsimile signatures.

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