All moneys or funds received by a contractor in connection with a contract for the erection, construction, completion, alteration or repair of any building or for additions to a building and all moneys or funds received by a contractor in connection with a contract for the sale of land and the erection, construction, completion, alteration or repair of any building or addition thereon, shall be trust funds in the hands of the contractor.
Structure Delaware Code
Chapter 35. BUILDING CONSTRUCTION PAYMENTS
§ 3502. Payments to contractor impressed with trust.
§ 3503. Use or application of money received by contractor.
§ 3504. Contractor's failure to use or apply money in accordance with § 3503 of this title.
§ 3506. Interest penalties on late payments.