AN ACT TO AMEND SECTION 4648, TITLE 9, DELAWARE CODE, RELATING TO THE ISSUANCE OF BONDS BY THE LEVY COURT OF KENT COUNTY TO FINANCE SEWAGE IMPROVEMENTS.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Amend Section 4648, Title 9, Delaware Code, by striking said Section in its entirety and inserting in lieu thereof a new Section to read as follows:
§ 4648. Interest rates
Bonds or notes issued pursuant to this law may bear interest at a rate or rates, without limitation, which may be determined by resolution of the Levy Court.
Approved June 29, 1970.