AN ACT to Make the State Treasurer the Treasurer of Boards of Education, Boards of School Trustees and the Board of Public Education in Wilmington.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
SECTION 1. That the Act entitled "AN ACT to provide for the Establishment and Maintenance of a General and Efficient System of Free Public Schools", being Chapter 160, Volume 32, Laws of Delaware, be and the same is hereby amended by striking out all of Section 30 thereof and inserting in lieu thereof the following new Section 30:
"SECTION 30. TREASURER :The State Treasurer State shall serve as Treasurer of each Special School District in the State. He shall receive and hold all moneys which the Treasurer of Special School respective Boards of Education of the several Special School District Districts are entitled to by law and which may come into their possession, and shall deposit all such moneys in the financial institution which is the legal depository of state moneys in the custody of the State Treasurer."
SECTION 2. That the said Act be further amended by striking out in the sixteenth line of the seventh paragraph of Section 54 thereof the word "County" and inserting in lieu thereof the word "State".
SECTION 3. As soon as practicable after the thirtieth day of June, 1931, the Auditor of Accounts shall audit the accounts of all the school districts and special school districts in the State now in the hands of the County Treasurers and the said County Treasurers shall as soon as the audits are complete pay over to the State Treasurer all balances to the credit of the respective school districts and special school districts.
In all cases where the County Receiver of Taxes collects taxes for any school district or special school district he shall at regular intervals, not less than once in each calendar month, pay over to the State Treasurer all funds collected in their behalf.
SECTION 4. That on and after July 1st, 1931, the State Treasurer State Treasurer shall be the custodian of all State funds which shall be credited or allotted to the Board of Public to Wilmington Education in Wilmington and shall pay out all such funds only on the orders of the said Board signed by its President and Secretary.
Approved April 25, 1931.