West Virginia Code
Article 29A. West Virginia Hospital Finance Authority Act
§16-29A-10. Security for Bonds and Notes

A resolution authorizing the issuance of bonds or notes under this article may provide that the principal of an interest on the bonds or notes issued shall be secured by a lien on any or all of the fees and charges made or received, or to be received, by the authority from the hospital in connection with the hospital loan, on any or all of the money received in payment of the hospital loan and interest on the hospital loan, on any or all of investment earnings or profits on any of these sources or on any or all of the security held for that payment, and on other funds or assets of the authority pledged for such purpose.

Structure West Virginia Code

West Virginia Code

Chapter 16. Public Health

Article 29A. West Virginia Hospital Finance Authority Act

§16-29A-1. Short Title

§16-29A-2. Declaration of Policy and Responsibility; Purpose and Intent of Article; Findings

§16-29A-3. Definitions

§16-29A-4. Creation of Authority and Board; Status and Members of Board

§16-29A-5. Powers of Authority

§16-29A-6. Hospital Loans

§16-29A-7. Bonds and Notes

§16-29A-8. Trustee for Bondholders; Contents of Trust Agreement

§16-29A-9. Use of Funds by Authority; Restrictions Thereon

§16-29A-10. Security for Bonds and Notes

§16-29A-11. Enforcement of Payment and Validity of Bonds and Notes

§16-29A-12. Pledges; Time; Liens; Recordation

§16-29A-13. Refunding Bonds

§16-29A-14. Purchase and Cancellation of Notes or Bonds

§16-29A-15. Vested Rights; Impairment

§16-29A-16. Bonds and Notes Not Debt of State, County, Municipality or Any Political Subdivision; Expenses Incurred Pursuant to Article

§16-29A-17. Negotiability of Bonds and Notes

§16-29A-18. Bonds and Notes Legal Investments

§16-29A-19. Exemption From Taxation

§16-29A-20. Certificate of Need

§16-29A-21. Nondiscrimination; Hospital Facilities

§16-29A-22. Personal Liability; Persons Executing Bonds or Notes

§16-29A-23. Financial Interest in Contracts Prohibited; Penalty

§16-29A-24. Meetings and Records of Authority to Be Kept Public

§16-29A-25. Cumulative Authority as to Powers Conferred; Applicability of Other Statutes and Charters

§16-29A-26. Liberal Construction