There shall be and is hereby created a statutory mortgage lien upon such water supply, wastewater transportation or treatment system of the authority, which shall exist in favor of the holders of bonds hereby authorized to be issued, and each of them, and such system shall remain subject to such statutory mortgage lien until payment in full of all principal of and interest on such bonds.
Structure West Virginia Code
Article 13D. Regional Water and Wastewater Authority Act
§16-13D-1. Statement of Purpose
§16-13D-5. Declaration of Authority Organization, When Quasi-Governmental Public Corporation
§16-13D-6. Governing Body; Appointments; Terms of Members, Voting Rights
§16-13D-7. Meetings of Governing Body; Annual Audit
§16-13D-8. Powers of Governing Body
§16-13D-10. Items Included in Cost of Properties
§16-13D-11. Bonds May Be Secured by Trust Indenture
§16-13D-12. Sinking Fund for Revenue Bonds
§16-13D-14. Statutory Mortgage Lien Created; Foreclosure Thereof
§16-13D-16. Refunding Revenue Bonds
§16-13D-17. Exemption of Bonds From Taxation
§16-13D-18. Bonds Made Legal Investments
§16-13D-19. Invalidity of Part