{"data":{"id":"us-de/7-del.-c.-4357","jurisdiction":"us-de","citation":"7 Del. C. § 4357","heading":"Limitation on borrowing power of tax lagoon.","body":"A tax lagoon may borrow money pursuant to this chapter with the consent of a majority of the votes cast at a meeting duly called under § 4348 of this title. No tax lagoon shall borrow money in excess of 90 percent of the total assessment base established by the lagoon order.","path":["Title 7. Conservation","Agricultural and Soil Conservation; Drainage and Reclamation of Lowlands","CHAPTER 43. Dredging and Management of Lagoons","Subchapter IV. Powers of Tax Lagoon"],"source_url":"https://delcode.delaware.gov/title7/c043/sc04/index.html#4357","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:09Z","sha256":"a4117bc8594cd29281e4b88a21297a1f9b6be49aa4183f0f4e7c7950b0ed5cb3","source_id":"us-de","stale":true,"prev":"us-de/7-del.-c.-4356","next":"us-de/7-del.-c.-4361"},"notice":"GroundRules: Original legal text. Not legal advice."}