Solid waste disposal revenue bonds and notes and solid waste disposal revenue refunding bonds issued under authority of this article and any coupons in connection therewith are not a debt or a pledge of the faith and credit or taxing power of this state or of any county, municipality or any other political subdivision of this state, and the holders or owners thereof have no right to have taxes levied by the Legislature or taxing authority of any county, municipality or any other political subdivision of this state for the payment of the principal thereof or interest thereon, but such bonds and notes are payable solely from the revenues and funds pledged for their payment as authorized by this article unless the notes are issued in anticipation of the issuance of bonds or the bonds are refunded by refunding bonds issued under authority of this article, which bonds or refunding bonds are payable solely from revenues and funds pledged for their payment as authorized by this article. All such bonds and notes shall contain on the face thereof a statement to the effect that the bonds or notes, as to both principal and interest, are not debts of the state or any county, municipality or political subdivision thereof, but are payable solely from revenues and funds pledged for their payment.
All expenses incurred in carrying out the provisions of this article are payable solely from funds provided under authority of this article. This article does not authorize the board to incur indebtedness or liability on behalf of or payable by the state or any county, municipality or political subdivision thereof.
Structure West Virginia Code
Chapter 22C. Environmental Resources; Boards, Authorities, Commissions and Compacts
Article 3. Solid Waste Management Board
§22C-3-6. Powers, Duties and Responsibilities of Board Generally
§22C-3-7. Development of State Solid Waste Management Plan
§22C-3-9. Development and Designation of Solid Waste Disposal Sheds by Board
§22C-3-12. Legal Remedies of Bondholders
§22C-3-14. Use of Funds, Properties, etc., by Board; Restrictions Thereon
§22C-3-15. Audit of Funds Disbursed by the Board and Recipients Thereof
§22C-3-18. Solid Waste Disposal Revenue Bonds Lawful Investments
§22C-3-19. Exemption From Taxation
§22C-3-20. Governmental Agencies Authorized to Convey Property
§22C-3-22. Conduct of Proceedings of Board
§22C-3-25. Liberal Construction of Article
§22C-3-26. Supersedure Over County and Regional Solid Waste Authorities