Title 29, State Government

§ 2705. Custody and investment of state funds. (a) The State Treasurer shall have custody of money belonging to the State, including, but not limited to, money in the School Fund. All money belonging to the State, except money deposited in any pension fund of the State, and recei…

§ 2706. Checks and drafts; signatures; time limitation on honoring. (a) The signing of checks or drafts by the State Treasurer may either be by hand with a pen and ink signature or by a facsimile signature of a process approved by the State Treasurer. (b) No check or order issued…

§ 2707. Payment of vouchers upon approval; method of payment. (a) All vouchers for the payment of money issued by any department, commission or board of the State, including those requiring the approval of the Governor, shall be paid by the State Treasurer upon the certification …

§ 2708. Destruction of bonds and coupons. The State Treasurer may cause any registration, recording or cancellation agent of the State to destroy any paid, redeemed, called or cancelled bonds and coupons of the State. Such agent shall give the State Treasurer a certificate of des…

§ 2709. Receipt and accounting for stock dividends and interest; power to vote as stockholder. The State Treasurer may receive the dividends or interests on any stock, shares, loan or investment of money belonging to the State or the School Fund and shall apply and account for th…

§ 2710. Bond servicing procedure. The State Treasurer shall cause any agent so designated by the issuing officers to maintain reconciliation statements on all state bonds and coupons. Said reconciliation statements shall balance with bank statements on bond and coupon accounts. A…

§ 2711. Administration of moneys received from federal grants. (a) All federal financial assistance program money received by the State, whether directly or indirectly, in the form of cash, check or via an electronic funds transfer method, shall be reported to the Office of the S…

§ 2712. Method of payment of State officials and employees. (a) (1) The salaries of all State officials and employees, including the Governor, shall be paid bi-weekly. The bi-weekly rate shall be determined by dividing the annual salary by 26. All state officials and employees wh…

§ 2713. Refunding of improperly collected fees. In the event any agency of this State having the power to collect fees or other receipts that become revenue to the General Fund of the State shall improperly collect and deposit such fees or other receipts with the State Treasurer,…

§ 2714. Functions prior to January 7, 1975. The State Treasurer shall have the power to perform and shall be responsible for the powers, duties and functions vested by Chapter 62 [repealed] and Chapter 74 of this title in the Secretary of Finance immediately prior to January 7, 1…

§ 2715. Certain powers and duties of the State Treasurer. The State Treasurer shall have the power to perform and shall be responsible for the performance of all the powers, duties and functions heretofore vested in the Division of the Treasury pursuant to § 8307(1)a. [repealed] …

§ 2716. Cash Management Policy Board. (a) Establishment; purposes. — There is hereby established the Cash Management Policy Board (the “Board”). The Board’s purposes shall be to establish policies for the investment of all money belonging to the State or on deposit from its polit…

§ 2717. Proceeds of sale of Farmers’ Bank stock [Repealed]. Repealed by 70 Del. Laws, c. 197, § 7, effective July 10, 1995.

§ 2718. Local Government Investment Pool. (a) The governing body or investing authority of a local government, meaning any city, town or county in Delaware, may pay moneys of the local government or organization into the Local Government Investment Pool which shall be in the cust…

§ 2719. Expense of issuing bonds. The annual operating budget shall authorize an appropriation for the Expense of Issuing Bonds in State Treasurer, Debt Management for payment of expenses relating to the issuance of state long-term debt. Disbursement from the Expense of Issuing B…

§ 2720. Delaware Council on Volunteer Fire Service. (a) There is hereby created a Delaware Council on Volunteer Fire Service, hereinafter referred to as the Council, to advise the Secretary of Finance on all matters relating to the administration, implementation and financing of …

§ 2721. Delaware Volunteer Fire Service Revolving Loan Fund. (a) A special fund appropriation account is hereby created in the Department of Finance, to be known as the Delaware Volunteer Fire Service Revolving Loan Fund, hereinafter referred to as the Fund. Sums appropriated by …

§ 2722. Plans Management Board. (a) Establishment; purposes. ─ The Plans Management Board is established. The Board’s purpose is to administer the Delaware DE529 Education Savings Plan established pursuant to subchapter XII, Chapter 34 of Title 14, the Delaware Achieving a Better…