HOUSE BILL NO. 189
AN ACT TO AMEND CHAPTER 43, TITLE 31, OF THE DELAWARE CODE RELATING TO THE INDEBTEDNESS OF THE HOUSING AUTHORITY.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §4320, Title 31 of the Delaware Code by striking the phrase "not exceeding 6% per annum" as the same appears therein and substitute in lieu thereof the following:
"not in excess of 4% over the discount rate charged by the Federal Reserve Board of Governors to its members banks,".
Approved July 7, 1981.