Delaware Statutes
§ 7516 — Reversion of unexpended local share
Delaware § 7516
JurisdictionDelaware
Title29
PartBudget, Fiscal, Procurement and Contracting Regulations
Ch. 75SCHOOL CONSTRUCTION CAPITAL IMPROVEMENTS
This text of Delaware § 7516 (Reversion of unexpended local share) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Del. Code tit. 29, § 7516 (2026).
Text
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.
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Legislative History
29 Del. C. 1953, § 7515; 54 Del. Laws, c. 345 ; 59 Del. Laws, c. 205, § 8
Nearby Sections
15
§ 7501
Definitions§ 7503
Matching funds§ 7505
Formula for construction§ 7506
Local bonds§ 7510
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Bluebook (online)
Delaware § 7516, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/29/7516.