In order to provide excellent investment opportunities and to effectively implement the new millennium fund, the investment activity and the new millennium fund activity provided by this article shall be exempt from the bidding and public sale requirements, from the approval of contractual agreements by the department of finance and administration or the attorney general and from the requirements of chapter five-a of this code. The transactions provided by this article shall be subject to an annual audit by an independent firm of certified public accountants.
Structure West Virginia Code
Chapter 12. Public Moneys and Securities
Article 7. Jobs Investment Trust Fund
§12-7-1. Purposes and Objectives; How Article Cited
§12-7-4. Jobs Investment Trust Board; Termination; Vesting With the Economic Development Authority
§12-7-7. Limitation on Investments
§12-7-9. Applications for Investment Priority; Investment Package
§12-7-10. Acceptance or Rejection of Investment Package
§12-7-12. Reports of Board; Report of Housing Development Fund
§12-7-14. Exemption From Certain Requirements; Audit