CHAPTER 356

RELATING TO SUBURBAN COMMUNITIES IMPROVEMENTS

AN ACT TO AMEND CHAPTER 5, TITLE 9, DELAWARE CODE OF 1953 ENTITLED "SUBURBAN COMMUNITIES IMPROVEMENTS" BY CHANGING THE MAXIMUM RATE OF INTEREST ON THE BONDS.

Be it enacted by the General Assembly of the State of Delaware:

Section 1. § 502 (b), Title 9, Delaware Code of 1953, is amended by striking out the word "three" appearing in line two and substituting in lieu thereof the word "five".

Section 2. § 552 (b), Title 9, Delaware Code of 1953, is amended by striking out the word "three" appearing in line two and substituting in lieu thereof the word "five".

Approved July 10, 1953.