No part of the proceeds from the sale of bonds under this article may inure to the benefit of or be distributable to the officers, employees of the state except to pay reasonable compensation for services rendered to the state. Any person violating the provisions of this section shall be guilty of a misdemeanor and, upon conviction thereof, shall be fined not more than $1,000, or confined in jail not more than one year, or both fined and imprisoned.
Structure West Virginia Code
Chapter 17. Roads and Highways
§17-26-2. State Road General Obligation Bonds; Amount; When May Issue
§17-26-6. Sale by Governor; Minimum Price; Certification of Annual Debt Service Amount
§17-26-7. Conflicts of Interest
§17-26-8. State Road Bonds Lawful Investments
§17-26-10. Termination or Dissolution
§17-26-11. Treasurer to Determine Financial Advisor
§17-26-12. Governor to Determine Bond Counsel