This article constitutes full and complete authority for the issuance of refunding bonds. No procedure or proceedings, publications, notices, consents, approvals, orders, acts or things by any governing body of any public body, or any board, officer, commission, department, agency, or instrumentality of the state or any public body shall be required to issue any refunding bonds or to do any act or perform anything under this article, except as may be prescribed in this article. The powers conferred by this article shall be in addition and supplemental to, and not in substitution for, and the limitations imposed by this article shall not affect the powers conferred by any other law: Provided, however, That the principal amount of bonds authorized by this article for refunding or refinancing shall be deemed to apply to the principal amount of refunding bonds authorized by all other laws providing for the issuance and refunding of revenue bonds by public bodies, and the sale thereof, notwithstanding any contrary provisions of such other laws. This article is remedial in nature and shall be liberally construed.
Structure West Virginia Code
Chapter 13. Public Bonded Indebtedness
Article 2A. Revenue Bond Refinancing
§13-2A-3. Purpose of Refunding Bonds
§13-2A-4. Issuance Authorized by Resolution of Governing Body
§13-2A-5. Form of Bonds; Interest Rates; Negotiability
§13-2A-7. Sale or Exchange; Deposit and Investment of Proceeds
§13-2A-8. Security for Payment; Prior Issues Not Impaired
§13-2A-9. Payable Solely From Revenues of Enterprise
§13-2A-10. Exemption From Taxation
§13-2A-12. Duties of Public Body and Officers as to Bonds and Rights of Bondholders
§13-2A-13. Provisions in Resolution Authorizing Bonds
§13-2A-14. Receivership Upon Default; Termination
§13-2A-15. Suits by Bondholders
§13-2A-16. Article Complete Authority for Refunding Bonds; Liberal Construction