Del. Code tit. 25 § 7045

Current through 2024 Legislative Session Act Chapter 510
Section 7045 - Payment of funds to tenants
(a) When a payment to a tenant is authorized by the Authority, payment must be made in the form of a voucher issued to the Division of Revenue of the Department of Finance, directing the Division to issue a check in a designated amount to the named tenant.
(b) If the Trust Fund does not have sufficient moneys to make a payment to a tenant under this section, the Authority shall issue a written promissory note to the tenant for funds due and owing. A promissory note may be redeemed in order of issuance of the notes as additional moneys come into the Trust Fund.
(c) It is a class A misdemeanor for a tenant or a tenant's agent to file a notice, statement, or other document required under this section which is false or contains a material misstatement of fact.

25 Del. C. § 7045

Added by Laws 2019, ch. 38,s 38, eff. 12/10/2019.