By the provisions of 12-6-1 et seq. of this code, notwithstanding any code section to the contrary, all railroad maintenance revenue bonds issued pursuant to this article are lawful investments for the West Virginia Investment Management Board and are also lawful investments for banking institutions, societies for savings, building and loan associations, savings and loan associations, deposit guarantee associations, trust companies, insurance companies, including domestic for life and domestic not for life insurance companies.
Structure West Virginia Code
Chapter 17. Roads and Highways
Article 16F. West Virginia Division of Multimodal Transportation Facilities
§17-16F-1. Legislative Findings and Creation of Division
§17-16F-2. Secretary S Powers and Duties
§17-16F-4. Powers and Duties of Division
§17-16F-8. Financial Interest in Contracts Prohibited; Penalty
§17-16F-9. Public Purpose of Activities; Property of Public Utilities and Common Carriers
§17-16F-11. Foreign Trade Zones; Free Trade Zones; Ports of Entry and Customs Zones
§17-16F-13. Additional Powers and Duties of Division Related to Railroad Projects
§17-16F-14. Additional Authority Regarding the Maryland Area Regional Commuter
§17-16F-15. Rail Operations; Purchases
§17-16F-16. Railroad Maintenance Fund
§17-16F-18. Trustee for Bondholders; Contents of Trust Agreement
§17-16F-19. Legal Remedies of Bondholders and Trustees
§17-16F-21. Use of Funds by Division; Restrictions
§17-16F-22. Investment of Funds by Division
§17-16F-24. Maintenance, Operation, and Repair of Projects; Reports to Governor and Legislature
§17-16F-25. Railroad Maintenance Bonds Lawful Investments
§17-16F-26. West Virginia Commuter Rail Access Fund
§17-16F-27. State Rail Plan Required
§17-16F-29. State Financial Assistance for County, Municipal and Regional Airports
§17-16F-31. Establishment and Operation of State Airports
§17-16F-32. Use of State and Municipal Facilities and Services