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Current as of January 01, 2026 | Updated by Findlaw Staff
No money shall be borrowed or debt created by or on behalf of this State but by an Act of the General Assembly, passed with the concurrence of three-fourths of all the members elected to each House, except to supply casual deficiencies of revenue, repel invasion, suppress insurrection, defend this State in war, or pay existing debts; and any law authorizing the borrowing of money by or on behalf of this State shall specify the purpose for which the money is to be borrowed, and the money so borrowed shall be used exclusively for such purpose; but should the money so borrowed or any part thereof be left after the abandonment of such purpose or the accomplishment thereof, such money, or the surplus thereof, may be disposed of according to law.
Cite this article: FindLaw.com - Constitution of the State of Delaware, Art. VIII, § 3. Borrowing money; specification of purpose; surplus borrowed money - last updated January 01, 2026 | https://codes.findlaw.com/de/constitution-of-the-state-of-delaware/de-const-art-8-sect-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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