Delaware Statutes
§ 532 — Special sinking fund
Delaware·Title 9·Part Provisions Affecting All Counties·Ch. 5 SUBURBAN COMMUNITY IMPROVEMENTS·Subch. Sidewalks, Streets, Signs, Drainage, Storm Sewers
The county government shall promptly deposit all funds received from the receiver of taxes and county treasurer from the collection of the special assessment or levy in a special sinking fund account, which shall be used for no other purpose than the retiring of the bonds and interest accruing thereon, after payment has been made to the Division of Highways for costs incurred as set forth elsewhere in this subchapter.
Free access — add to your briefcase to read the full text and ask questions with AI
Delaware § 532 (Special sinking fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
45 Del. Laws, c. 123, § 28 ; 9 Del. C. 1953, § 532; 55 Del. Laws, c. 85, § 4A ; 60 Del. Laws, c. 609, § 7
Nearby Sections
10
§ 5301
Authority to issue§ 5302
Limited obligations§ 5303
Form; terms§ 5304
Conflicting laws§ 532
Special sinking fund