Delaware General Assembly


CHAPTER 280

RELATING TO FILING OF FINANCIAL REPORT

AN ACT TO AMEND CHAPTER 65, TITLE 29 OF THE DELAWARE CODE BY REQUIRING ALL PERSONS, FIRMS OR CORPORATIONS RECEIVING APPROPRIATIONS FROM THE STATE TO FILE A FINANCIAL REPORT.

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

Section 1. § 6508 (a), Title 29 of the Delaware Code is amended by adding a new sentence at the end thereof to read as follows :

All persons, firms, or corporations, other than a state agency, who receive an appropriation of money from the State of Delaware, other than an appropriation of money for a claim of a non-recurring nature, shall file biennially, or before the first day of December of the year of a general election, a similar report covering operations of the person, firm or corporation concerned for the two years preceding.

Section 2. § 6508 (b), Title 29 of the Delaware Code is amended by inserting the words "or biennial" between the word "annual" and the word "reports" in the first line thereof.

Approved June 13, 1955.