(a) There is hereby created and established under the jurisdiction of the Office of the Treasurer of the state a veterans' mortgage fund. All moneys resulting from the sale of bonds pursuant to this article shall be credited to such fund.
(b) For the purpose of creating and maintaining a fund to provide loans for veterans in accordance with this article, the state shall issue its negotiable bonds to provide funds for a veterans' mortgage fund loan program to be made pursuant to this article.
Structure West Virginia Code
Article 18C. Veterans' Mortgage Fund
§31-18C-2. Legislative Findings; Purpose and Intent of Article
§31-18C-4. Veterans' Mortgage Fund Created; Purpose
§31-18C-5. Money and Interests Included in the Veterans' Mortgage Fund
§31-18C-6. Veterans' Mortgage Bonds; Amount; Terms of Bonds; When May Issue
§31-18C-7. Pledge of Credit of State and Security for Bonds
§31-18C-8. Legality for Investment; Tax Exemption
§31-18C-9. Listing by Auditor; Agent for Registration
§31-18C-10. Veterans' Loan Payments Used to Pay Bonds and Interest; Investment of Remainder
§31-18C-11. Sale by Governor; Minimum Price
§31-18C-12. Auditor to Be Custodian of Unsold Bonds
§31-18C-13. Bond Counsel and Financial Advisor
§31-18C-14. Approval and Payment of All Necessary Expenses
§31-18C-16. Powers and Duties of Housing Development Fund Regarding Veterans' Mortgage Fund
§31-18C-17. Terms and Conditions of Loans From Veterans' Mortgage Fund