SENATE BILL NO. 64
AS AMENDED BY
SENATE AMENDMENT NOS. 1 AND 2
AN ACT TO AMEND CHAPTER 27, OF TITLE 29 OF THE DELAWARE CODE RELATING TO THE LOCAL GOVERNMENT INVESTMENT POOL.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §2718(a), Title 29, Delaware Code by striking the first sentence commencing with the words The governing body" and ending with the words "State Treasurer" and substituting a new sentence to read as follows:
"The governing body or investing authority of a local government, meaning any city, town, or county in Delaware, or any conservation district organized pursuant to Chapter 39 of Title 7 of the Delaware Code, or any volunteer fire company organized pursuant to Chapter 66 of Title 16 of the Delaware Code, or the Delaware Volunteer Fireman's Association, the three county Volunteer Fireman's Associations, Volunteer Ambulance Companies, and the Volunteer Fireman's Ladies Auxiliary Mutual Relief Association, Inc., may pay moneys of the local government or organization into the Local Government Investment Pool which shall be in the custody of the State Treasurer."
Approved April 27, 1995