Delaware Code Title 10 Sec. 374 – Relief from forfeitures
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The Court of Chancery shall not relieve from any forfeiture incurred, by the nonperformance of any condition contained in or annexed to any gift, grant or contract to which the State is or may be a party. Such forfeiture, when insisted on and declared by the General Assembly and the cause thereof ascertained or admitted to exist, shall be absolutely final and unrelievable.
12 Del. Laws, c. 215; Code 1915, § ?3861; Code 1935, § ?4385; 10 Del. C. 1953, § ?374;
Terms Used In Delaware Code Title 10 Sec. 374
- Contract: A legal written agreement that becomes binding when signed.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302