Delaware § 7515 Reversion of unexpended state share

Delaware Statutes

§ 7515 — Reversion of unexpended state share

Delaware·Title 29·Part Budget, Fiscal, Procurement and Contracting Regulations·Ch. 75 SCHOOL CONSTRUCTION CAPITAL IMPROVEMENTS

Any sum of money which has been appropriated or allocated to any school district by the State under any 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 revert to the State and shall be deposited to a special account to be applied against future school construction bond requirements.

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Any sum of money which has been appropriated or allocated to any school district by the State under any 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 revert to the State and shall be deposited to a special account to be applied against future school construction bond requirements.

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