The refunding bonds shall be authorized by resolution or resolutions of the governing body of the public body. Such resolution or resolutions may be adopted at a regular or special meeting, and at the same meeting at which they are introduced, by a majority of all the members of the governing body then in office. Such resolution or resolutions shall take effect immediately upon the adoption thereof. No other proceedings or procedure of any character whatever shall be required for the issuance of refunding bonds by the public body.
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