2012 Delaware Code
Title 9 - Counties
CHAPTER 41. GOVERNMENT OF KENT COUNTY
Subchapter II. Powers and Duties
§ 4122. Investment powers.


9 DE Code § 4122 (2012 through 146th Gen Ass) What's This?

The county government by its Levy Court may authorize and order the investment of idle funds kept as surplus by the Receiver of Taxes not reasonably required to be maintained on a demand basis in such manner as recommended by the County Comptroller. Investment of county funds shall be in accordance with general state law and the ordinances of the county government governing such investments. All interest or investments and moneys so earned from these idle or surplus funds shall accrue only to the benefit of the County of Kent.

62 Del. Laws, c. 152, § 1.;

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