West Virginia Code
Article 18. West Virginia Housing Development Fund
§31-18-6a. Certain Loans Exempt From Laws Limiting Interest Rates or Providing Forfeitures, etc.

Notwithstanding any other provision to the contrary, no law limiting interest rates or providing for forfeiture, penalty or other loss or liability because of rate of interest charged shall apply to any loan in a principal amount of more than $100,000 on loans made by the Housing Development Fund in the furtherance of its corporate purposes or to any addition to or refinancing of a loan in the original principal amount of more than $100,000, made by the Housing Development Fund for such purposes.

Structure West Virginia Code

West Virginia Code

Chapter 31. Corporations

Article 18. West Virginia Housing Development Fund

§31-18-1. Short Title

§31-18-2. Legislative Findings and Purpose

§31-18-3. Definitions

§31-18-4. Composition; Board of Directors; Appointment, Term, etc., of Private Members; Chairman and Vice Chairman; Quorum

§31-18-5. Management and Control of Housing Development Fund Vested in Board; Officers; Liability

§31-18-6. Corporate Powers

§31-18-6a. Certain Loans Exempt From Laws Limiting Interest Rates or Providing Forfeitures, etc.

§31-18-7. Notes or Bonds as General Obligations of Housing Development Fund

§31-18-8. Notes and Bonds as Negotiable Instruments

§31-18-9. Borrowing of Money

§31-18-10. Sale of Notes or Bonds

§31-18-11. Authorizing Resolutions

§31-18-12. Validity of Any Pledge, Mortgage, Deed of Trust or Security Instrument

§31-18-13. Redemption of Notes or Bonds

§31-18-14. Disclaimer of Any Liability of State of West Virginia

§31-18-15. Limitation of Rights Vested in Housing Development Fund by State

§31-18-16. Default in Payment of Principal or Interest

§31-18-17. Investment in Notes and Bonds

§31-18-18. Tax Exemption

§31-18-19. Operating Loan Fund

§31-18-20. Authorized Limit on Borrowing

§31-18-20a. Land Development Fund

§31-18-20b. Mortgage Finance Bond Insurance Fund

§31-18-20c. Jobs Development Fund

§31-18-20d. Affordable Housing Fund

§31-18-21. Prohibition on Funds Inuring to the Benefit of or Being Distributable to Directors, Officers or Private Persons; Transactions Between the Housing Development Fund and Directors or Officers Having Certain Interests in Such Transactions

§31-18-22. Termination or Dissolution

§31-18-23. Services to the State of West Virginia and Its Political Subdivisions

§31-18-23a. Bond Issues Under the Federal Revenue Adjustments Act of 1980

§31-18-24. Annual Audit; Reports to Joint Committee on Government and Finance; Information to Joint Committee or Legislative Auditor

§31-18-25. Severability Clause

§31-18-26. Projects Not to Be Deemed Public Improvements

§31-18-27. Documentary Materials Concerning Trade Secrets; Commercial, Financial, or Personal Information; Confidentiality

§31-18-28. West Virginia Property Rescue Initiative: Findings; Technical Assistance and Revolving Loan Program for Removal of Dilapidated Housing; Reporting Required

§31-18-29. Dissolution of West Virginia Affordable Housing Trust Fund