West Virginia Code
Article 29A. West Virginia Hospital Finance Authority Act
§16-29A-15. Vested Rights; Impairment

The state pledges and agrees with the holders of any bonds or notes issued under this article that the state will not limit or alter the rights vested in the authority to fulfill the terms of any agreements made with the holders thereof, or in any way impair the rights and remedies of the holders until the bonds or notes, together with the interest thereon, and all costs and expenses in connection with any action or proceeding by or on behalf of such holders, are fully met and discharged. The authority is authorized to include this pledge and agreement of the state in any agreement with the holders of such bonds or notes.

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