2014 Delaware Code
Title 14 - Education
CHAPTER 3. DELAWARE INTERSCHOLASTIC ATHLETIC ASSOCIATION
§ 310. Payment of expenses; deposits of receipt

A special fund is hereby created and shall be known as the "Secondary Interscholastic Athletic Fund." The expenses of the Association shall be paid from this special fund. Any appropriations made to the Department by the General Assembly for the Association shall be allocated to this fund. The Association shall be authorized to receive state appropriations, federal moneys, membership dues, tournament revenues, fees, fines, officials dues, merchandising and licensing revenue, and interest. The Association is authorized to establish special fund accounts for the purposes of tracking revenue, and these accounts shall be interest bearing and not subject to reversion. The Association is exempt from the state bid laws and Division of Accounting regulations. The Department of Education shall authorize and approve all Association expenditures.

73 Del. Laws, c. 374, § 3.;