The state may from time to time enter into one or more swap agreements that it determines to be necessary or desirable in connection with, or incidental to, or in lieu of the issuance of its refunding bonds. Swap agreements entered into by the state shall contain such provisions, including payment, term, security, default and remedy provisions, and shall be with such parties, as the state shall determine to be necessary or desirable after due consideration to the creditworthiness of such parties.
Structure West Virginia Code
Chapter 13. Public Bonded Indebtedness
Article 2G. State Refunding Bond Act
§13-2G-3. Issuance of Refunding Bonds
§13-2G-4. Security for Refunding Bonds
§13-2G-5. Principal Amount, Use of Sinking and Reserve Funds
§13-2G-6. Terms of Refunding Bonds; Time, Place and Amount of Payments
§13-2G-7. Sale of Refunding Bonds at Above or Below Par Value
§13-2G-9. Certain Provisions of the Code or Act of Legislature to Apply to Refunding Bonds
§13-2G-10. Provision for Payment of the Bonds to Be Refunded
§13-2G-11. Bonds Previously Issued by the Board of Regents
§13-2G-12. Article Sufficient Authority for Issuing Refunding Bonds
§13-2G-13. Issuance Without Election or Creation of a New Debt