In order, as expeditiously as possible, to cease operation of the existing facilities by the board, to transfer the operations of the existing facilities and the assets and liabilities to the corporation, which will construct the new facilities, at the same time maintaining the educational services of an operating hospital facility, the transactions provided by this article shall be exempt from the bidding and public sale requirements, from the approval of contractual agreements by the department of finance and administration or the Attorney General and from the requirements of chapter five-a of this code. The transactions provided by this article shall be subject to an audit by an independent Auditor mutually agreed upon by the board and the corporation.
Structure West Virginia Code
Article 11C. West Virginia University Hospital and West Virginia Health System
§18-11C-3. Board Authorized to Contract With Corporation; Description to Be Met by Corporation
§18-11C-3a. Description to Be Met by the West Virginia Health System
§18-11C-4. Agreement; Required Provisions
§18-11C-5. Exemption From Certain Requirements; Audit
§18-11C-6. Conflicts of Interest; Statement; Penalties
§18-11C-7. No Waiver of Sovereign Immunity
§18-11C-8. Not Obligation of the State
§18-11C-8a. Agreements Subject to Other Provisions of Law