No recourse shall be had for the payment of the refunding bonds, or interest thereon, or any part thereof, against the General Fund of any public body, nor shall the credit or taxing power of any public body be deemed to be pledged thereto.
The refunding bonds, and interest thereon, shall not be a debt of the public body, nor a charge, lien or encumbrance, legal or equitable, upon any property of the public body, nor upon any income, receipts, or revenues of the public body other than such of the revenues of the enterprise as shall have been pledged to the payment thereof, and every refunding bond shall recite in substance that said bond, including interest thereon, is payable solely from the revenues pledged to the payment thereof and that the public body is under no obligation to pay the same, except from said revenues.
Structure West Virginia Code
Chapter 13. Public Bonded Indebtedness
Article 2E. Revenue Bond Refunding Act
§13-2E-4. Terms, Form and Execution of Refunding Bonds
§13-2E-5. Issuance of Refunding Bonds; Application of Proceeds
§13-2E-6. Determination of Governing Body to Be Conclusive
§13-2E-7. Authorization for Issuance
§13-2E-8. Authority for Escrow Agreement
§13-2E-9. Call of Revenue Bonds for Redemption
§13-2E-10. Security Provisions
§13-2E-11. Bonds Payable Solely From Revenues of Enterprise