(a) The commission shall serve as fiscal agent for all issuers of general obligation bonds issued by the counties, municipalities, and school districts of the State of West Virginia when the commission is specifically named as the fiscal agent by statute.
(b) The commission shall serve as fiscal agent for all issuers of revenue bonds issued by the counties, municipalities, and school districts of this state when the commission is specifically named as the fiscal agent by statute.
(c) The commission shall serve as fiscal agent for the issuers of revenue bonds issued by the State of West Virginia through its departments, commissions, boards, or agencies, when the commission is specifically named as the fiscal agent by statute.
(d) The commission may serve as fiscal agent for the issuer of other public purpose revenue bond issues when so provided by bond ordinance.
(e) The commission may agree to serve as paying agent for all issuers when so provided by bond ordinance.
(f) The commission may conduct business by telephonic conference when necessary.
(g) The commission is hereby granted, has and may exercise all powers necessary or appropriate to effectuate the purposes of this article.
Structure West Virginia Code
Chapter 13. Public Bonded Indebtedness
Article 3. Municipal Bond Commission
§13-3-2. Composition of Commission; Terms of Appointment; Vacancies; Removal From Office
§13-3-4. Executive Committee; Powers and Duties
§13-3-5. Officer and Employee Bonds
§13-3-5a. Costs and Expenses; Fees for Services
§13-3-6. Powers and Duties of Commission
§13-3-7a. Escrowing Bond Issues
§13-3-8. Notification by Issuer of Bond Sale
§13-3-10. Accounts of Bond Issues; Annual Statements, Canceled Bonds and Coupons
§13-3-12. Destruction of Canceled Bonds and Coupons