Bonds issued under this chapter are a special obligation of the county or Special Development District (SDD) and may not constitute a general obligation debt of the county, or a pledge of the county's full faith and credit or taxing power. Bonds are nonrecourse to property owners who purchase subject to a TIF or SDD. Property owners who purchase subject to a TIF or SDD shall only be responsible for TIF or SDD obligations determined by the individual assessment of their property.76 Del. Laws, c. 187, § 2;
Delaware Legal Code
§ 3314
Delaware Title 9 — Delaware law
Source: https://delcode.delaware.gov/title9/c033/index.html· Version 2026