West Virginia Code
Article 15B. Infrastructure Bonds
§31-15B-10. Termination or Dissolution

Upon the termination or dissolution of the West Virginia water development authority, all rights and properties of the West Virginia water development authority with respect to the infrastructure fund shall pass to and be vested in the state, subject to the rights of bondholders, lienholders and other creditors.

Structure West Virginia Code

West Virginia Code

Chapter 31. Corporations

Article 15B. Infrastructure Bonds

§31-15B-1. Definitions

§31-15B-2. Infrastructure General Obligation Bonds; Amount; When May Issue

§31-15B-3. Creation of Debt Service Fund; Disbursements to Pay Debt Service on Infrastructure General Obligation Bonds

§31-15B-4. Infrastructure General Obligation Debt Service Fund; Sources Used to Pay Bonds and Interest; Investment of Remainder

§31-15B-5. Covenants of State

§31-15B-6. Sale by Governor; Minimum Price

§31-15B-7. Prohibition on Funds Inuring to the Benefit of or Being Distributable to Directors or Officers; Transactions Between the Council and West Virginia Water Development Authority and Directors or Officers Having Certain Interests in Such Trans...

§31-15B-8. Infrastructure Bonds Lawful Investments

§31-15B-9. Refunding Bonds

§31-15B-10. Termination or Dissolution

§31-15B-11. Treasurer to Determine Financial Advisor

§31-15B-12. Governor to Determine Bond Counsel

§31-15B-13. Approval and Payment of All Necessary Expenses