(a) Any loan made from the Consolidated Fund by a predecessor entity shall remain in existence and in accordance with the terms and conditions of the loan.
(b) The Board shall continue the work of the Investment Management Board in taking the steps necessary to increase the liquidity of the Consolidated Fund to allow for any loans authorized by the Legislature without increasing the risk of loss.
Structure West Virginia Code
Chapter 12. Public Moneys and Securities
Article 6C. West Virginia Board of Treasury Investments
§12-6C-1. Purposes and Objects; How Article Cited
§12-6C-2. Legislative Findings
§12-6C-6. Consolidated Fund Continued; Management
§12-6C-8. Administration of Consolidated Fund
§12-6C-9. Asset Allocation; Investment Policies, Authorized Investments; Restrictions
§12-6C-10. Investment Authority for Consolidated Fund Transferred to Board; Exceptions
§12-6C-11a. Broadband Loan Insurance Program; Requirements
§12-6C-11b. Infrastructure Investment Reimbursement Fund
§12-6C-12. Securities Handling
§12-6C-14. Existing Investments
§12-6C-15. Annual Audits; Financial Statements; Information
§12-6C-16. Reports to Participants
§12-6C-17. Legal Status of Spending Units Continued
§12-6C-18. Authorization for Loans by the Board
§12-6C-19. Creation of Fee Account and Investment Account; Budget