Del. Code tit. 29 § 7516

Current through 2024 Legislative Session Act Chapter 531

Section 7516 - Reversion of unexpended local share

Any sum of money which has been appropriated by any local school district under a school construction bond authorization act which remains unexpended 1 year after pupil occupancy of any school building constructed under the school construction bond authorization act authorizing the construction shall be deposited to the debt service account of the school district to be used for such purposes as are permitted by law.

29 Del. C. § 7516

29 Del. C. 1953, § 7515; 54 Del. Laws, c. 345; 59 Del. Laws, c. 205, § 8.;