Due to the rapidly increasing costs of materials and labor, combined with the frequency in which developers have gone out of business or otherwise been unable to complete work required within developments, this Act increases the funding required to be secured by a developer to ensure the developer fulfills the developer's obligations to construct and complete improvements within a subdivision.
This Act also makes technical corrections to conform existing law to the standards of the Delaware Legislative Drafting Manual.
Statutes affected: Original Text: 17.508
Final/Engrossed: 17.508
Session Law: 17.508