Delaware Code Title 12 Sec. 1163 – Deposit and disbursement of funds
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(a) Subject to the limitations in § 6102(s) of Title 29, the State Escheator shall deposit into the General Fund all moneys or proceeds of property received under this chapter.
Terms Used In Delaware Code Title 12 Sec. 1163
- General Fund: means the General Fund described in § 6102 of Title 29. See Delaware Code Title 12 Sec. 1130
- Property: means tangible property described in § 1134 of this title or a fixed and certain interest in intangible property held, issued, or owed in the course of a holder's business or by a government, governmental subdivision, agency, or instrumentality. See Delaware Code Title 12 Sec. 1130
- State: means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Delaware Code Title 12 Sec. 1130
- State Escheator: means the person responsible for the administration and enforcement of this chapter, as established by § 1102 of this title and § 363 of Title 30. See Delaware Code Title 12 Sec. 1130
(b) The Secretary of Finance shall pay all disbursements, including disbursements for expenses, claims, or storage, made or authorized by the State Escheator in connection with the administration of this chapter upon the presentation of a signed voucher by the State Escheator.
12 Del. C. 1953, §§ 1131, 1205; 50 Del. Laws, c. 507, § ?1; 57 Del. Laws, c. 741, § ?48B; 58 Del. Laws, c. 426, § 10; 60 Del. Laws, c. 598, § ?2; 79 Del. Laws, c. 79, § ?29; 81 Del. Laws, c. 1, § 2;