CHAPTER 205

AN ACT RELATING TO THE REIMBURSEMENT OF FUNDS RECEIVED BY THE STATE OF DELAWARE OR ANY AGENCY THEREOF FOR THE COST OF CONSTRUCTION OF INTERSTATE ROADS OR HIGHWAYS.

Be it enacted by the General Assembly of the State of Delaware:

Section 1. All funds received by the State of Delaware or any agency thereof as reimbursement of the State's portion of the cost of construction of interstate roads or highways shall be applied to the payment of any notes of the State of Delaware issued in anticipation of, the issuance of bonds therefor. In the event that there be no notes issued in anticipation of the bonds for which payment may be made, the funds so received shall be set aside and held by the State Treasurer in anticipation of the issuance of such notes.

Approved December '11, 1959.