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2021 Delaware Code
Title 6 - Commerce and Trade
Chapter 35. Building Construction Payments
§ 3502. Payments to contractor impressed with trust.
Universal Citation:
6 DE Code § 3502. (2021)
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§ 3502. Payments to contractor impressed with trust.
All moneys or funds received by a contractor in connection with a contract for the erection, construction, completion, alteration or repair of any building or for additions to a building and all moneys or funds received by a contractor in connection with a contract for the sale of land and the erection, construction, completion, alteration or repair of any building or addition thereon, shall be trust funds in the hands of the contractor.
38 Del. Laws, c. 169, § 1; Code 1935, § 3652; 44 Del. Laws, c. 163, § 1; 6 Del. C. 1953, § 3502;
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