West Virginia Code
Article 1. Bond Issues for Original Indebtedness
§13-1-22. Purposes for Which Proceeds to Be Used; Purchaser Need Not See to Application Thereof

The proceeds derived from the sale of any bonds shall be used only for the purpose or purposes for which the bonds were issued as set out in the order or ordinance submitting the question to vote, but the purchaser of the bonds shall not be obliged to see to the application thereof.

Structure West Virginia Code

West Virginia Code

Chapter 13. Public Bonded Indebtedness

Article 1. Bond Issues for Original Indebtedness

§13-1-1. Political Divisions Authorized to Issue and Sell Bonds

§13-1-1a. Exemption From Interest Rate Ceilings

§13-1-2. Purposes for Which Bonds May Be Issued

§13-1-3. Amount and Purpose of Indebtedness for Which Bonds May Be Issued

§13-1-4. Bond Issue Proposal to Be Submitted to Voters; Election Order

§13-1-5. Engineer's Estimate

§13-1-6. Bonds May Be Specified for More Than One Purpose; Single or General Purpose Defined

§13-1-6a. When Proceeds of Bond Issue Specified for One Project May Be Used for Another Project

§13-1-7. When Election to Be Held

§13-1-8. Publication of Notice of Election

§13-1-9. Registration of Voters

§13-1-10. Election Precincts

§13-1-11. General Election Laws to Apply; Recorders and Secretaries to Act in Lieu of Circuit Clerks

§13-1-12. Form of Ballot

§13-1-13. Time and Manner of Canvassing Returns

§13-1-14. Resolution Authorizing Issuance and Fixing Terms of Bonds

§13-1-15. Bonds to Be Payable in Annual or Semiannual Installments

§13-1-15a. Bonds May Be Subject to Redemption

§13-1-16. Recital of Certification That Bonds Are Issued in Conformity With Constitution and Statutes; Effect Thereof With Attorney General's Endorsement

§13-1-17. Bonds Shall Be Registered

§13-1-19. Signing, Sealing and Delivery of Bonds

§13-1-20. Imposition and Collection of Tax to Pay Bonds and Interest

§13-1-21. Advertisement and Sale of Bonds

§13-1-22. Purposes for Which Proceeds to Be Used; Purchaser Need Not See to Application Thereof

§13-1-23. No Law, Order, Ordinance, Resolution, Proceeding or Publication Necessary Except as Prescribed by This Article

§13-1-24. Legal Status of Bonds

§13-1-25. Copy of Proceedings to Be Transmitted to Attorney General for Approval or Disapproval; Publication of Approval or Disapproval

§13-1-26. Review in Supreme Court of Appeals of Action of Attorney General

§13-1-27. Bond Issue and Tax to Pay Bonds to Be Incontestable Upon Failure to File Petition for Review or Dismissal Thereof

§13-1-28. Indorsement on Bonds by Attorney General

§13-1-29. Costs of Proceedings and Expenses of Attorney General to Be Paid Out of Proceeds of Bonds or General Fund

§13-1-30. Files and Records to Be Kept by Attorney General

§13-1-31. Proceedings to Issue Bonds Under Authority of Prior Statutes; Debts Heretofore Incurred

§13-1-32. Amount of Indebtedness Authorized by §13-1-3 May Be Increased by Special Act as to Municipalities and Independent School Districts; Bonds for Assessments Against Abutting Property Excepted From This Article

§13-1-33. Bonds Exempt From Taxation

§13-1-34. Bonded Indebtedness of School Districts; Annual Tax to Be Levied and Collected to Pay Same; Definition of Value

§13-1-35. Bonded Indebtedness of Counties, Magisterial Districts and Municipal Corporations; Levy and Collection of Taxes to Pay Same