Delaware § 2103 - Temporary use of funds.
Full text of Delaware Delaware Code § 2103 — Temporary use of funds., with citation guidance and answers to common questions.
§ 2103. Temporary use of funds.
The school board of any district may advance funds which by law may be used only for stated purposes and which are not immediately required for the purpose or purposes for which the same were raised, or otherwise made available for the purpose or purposes for which an issue of bonds has been authorized. Suitable records shall be kept of the temporary diversion of such funds. Such funds shall be made again available to the district from the proceeds of such bonds, or from the proceeds of the sale of bond anticipation notes issued in anticipation of the sale of such bonds.
14 Del. C. 1953, § 2102A; 57 Del. Laws, c. 636, § 1;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 2103
What does Delaware Code § 2103 cover?
Section 2103 ("Temporary use of funds.") is part of the Delaware Code, the codified statutory law of Delaware. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Delaware § 2103?
A common citation format is "Delaware Code § 2103" (Delaware). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Delaware law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.
How does Delaware § 2103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Delaware.