Del. Code tit. 9 § 4122

Current through 2024 Legislative Session Act Chapter 531

Section 4122 - [See Note] Investment powers

The county government by its Levy Court may authorize and order the investment of idle funds kept as surplus and not reasonably required to be maintained on a demand basis in such manner as recommended by the Director of Finance. 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.

9 Del. C. § 4122

Amended by Laws 2015, ch. 209,s 3, eff. on the date on which the term of the present Kent County Comptroller expires or on the occasion of such individual's death, resignation, or removal from office for cause, whichever occurs first. .

62 Del. Laws, c. 152, §1.;

This section is set out twice. See also Del. C. §4122, effective until this section becomes effective.