™Your Policy Risk Impact Agent
16 chapters · 184 sections in this title.
22 Del. C. § 1501. Findings and declaration of policy.
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§ 1501. Findings and declaration of policy. The General Assembly hereby finds and declares that: (1) Preserving and enhancing commercial enterprise in the traditional business centers of the cities and towns of Delaware are critical to the long-term financial well-being of the St…
22 Del. C. § 1502. Definitions.
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§ 1502. Definitions. (a) “Assessable property” means all property owned or used by a commercial enterprise which is located within a business improvement district (whether or not it is subject to a real property tax abatement) and which is not part of a class of property which is…
22 Del. C. § 1503. Establishment.
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§ 1503. Establishment. (a) The Mayor and Council or other governing body of any municipality of this State may create 1 or more business improvement districts comprising all or any portions of any area within such municipality which is either zoned for commercial use or predomina…
22 Del. C. § 1504. Creation and powers of the authority or management company.
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§ 1504. Creation and powers of the authority or management company. (a) The authority or management company authorized by ordinance to govern a district shall be created by the filing of a certificate of authority or incorporation with the Secretary of State, which certificate sh…