The notes, bonds and security interests of the director are hereby made securities in which the state Board of Investments, all insurance businesses, all banking institutions, trust companies, building and loan associations, savings and loan associations may invest and upon which notes, security interests or bonds become subject to redemption plus accrued interest to such date. Upon the purchase, the notes, security interests or bonds shall be canceled.
Structure West Virginia Code
Article 5. Parks and Recreation
§20-5-1. Section of Parks and Recreation; Chief of Section; Existing Obligation; Appropriations
§20-5-2. Powers of the Director With Respect to the Section of Parks and Recreation
§20-5-3. Section of Parks and Recreation; Purpose; Powers and Duties Generally
§20-5-4. Definitions; State Parks and Recreation System
§20-5-5. Authority of Director to Issue Park Development Revenue Bonds; Grants and Gifts
§20-5-7. Investment in Notes, Bonds and Security Interests
§20-5-8. Disclaimer of Any Liability of State of West Virginia
§20-5-9. Trustee for Holders of Park Development Revenue Bonds
§20-5-10. Proceeds of Park Development Revenue Bonds, Grants and Gifts
§20-5-11. Authority of Director to Pledge Revenue From Recreational Facilities as Security
§20-5-12. Management and Control of Project
§20-5-13. Provisions of Constitution and Law Observed; What Approval Required
§20-5-14. Restaurants and Other Facilities
§20-5-17. Correlation of Projects and Services
§20-5-18. Discounts for West Virginia Residents Over the Age of Sixty-Two
§20-5-19. Discounts for West Virginia Residents Who Are Totally and Permanently Disabled
§20-5-22. Powers and Duties of the Director Relating to Oil and Gas Access Roads on State Forests