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Ordinances are contracts with bondholders.

Wilmington City Code § 2-457
in effect
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Sec. 2-457. - Ordinances are contracts with bondholders. This division and supplemental ordinances adopted pursuant to this division are contracts with the holders of all bonds from time to time outstanding under this division and thereunder and shall be enforceable in accordance with the laws of the state. (Code 1968, § 30-108)
Source: City of Wilmington, Delaware, City Code, City Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/de/wilmington/codes/code_of_ordinances?nodeId=PTIIWICO_CH2AD_ARTVIFI_DIV7GEOBBO_S2-457ORARCOBOFetched: 11/6/2026

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2-457 | Corpus