Delaware § 4007 - Withdrawal of a participant; surplus trust funds.
Full text of Delaware Delaware Code § 4007 — Withdrawal of a participant; surplus trust funds., with citation guidance and answers to common questions.
§ 4007. Withdrawal of a participant; surplus trust funds.
(a) The Board is directed to develop standards and procedures for the withdrawal of a participant from the Delaware CarePlan Trust.
(1) A participant may withdraw from the Delaware CarePlan Trust. The death of a participant shall constitute a withdrawal from the Delaware CarePlan Trust.
(2) The Board may determine that a participant must withdraw from the Delaware CarePlan Trust.
(b) Upon the withdrawal of a participant from the Delaware CarePlan Trust, the Board may release from the Delaware CarePlan Trust all or any portion of the participant’s surplus trust assets.
(c) The Delaware CarePlan Trust may use surplus trust funds for purposes including, but not limited to, qualifying a person with a disability as a participant, reducing the charges for the cost of administration and for any other purpose that is consistent with this chapter.
(d) The Delaware CarePlan Trust may not use a participant’s surplus trust funds to make any charitable contribution on behalf of any participant or class of participants.
71 Del. Laws, c. 360, § 1;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 4007
What does Delaware Code § 4007 cover?
Section 4007 ("Withdrawal of a participant; surplus trust 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 § 4007?
A common citation format is "Delaware Code § 4007" (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 § 4007 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.