The provisions of sections nine and ten, article six, chapter twelve of this code to the contrary notwithstanding all community infrastructure revenue bonds issued pursuant to this article shall be lawful investments for the West Virginia state Board of Investments and shall also be lawful investments for banking institutions, societies for savings, building and loan associations, savings and loan associations, deposit guarantee associations, trust companies, insurance companies, including domestic for life and domestic not for life insurance companies.
Structure West Virginia Code
Article 19. West Virginia Community Infrastructure Authority
§31-19-2. Legislative Findings and Purposes
§31-19-6. Powers, Duties and Responsibilities of the Authority Generally
§31-19-8. Trustee for Bondholders; Contents of Trust Agreement
§31-19-9. Legal Remedies of Bondholders and Trustees
§31-19-11. Use of Funds by Authority; Restrictions Thereon
§31-19-12. Investment of Funds by Authority
§31-19-13. Reports by Authority to Governor and Legislature
§31-19-14. Community Infrastructure Bonds Lawful Investments
§31-19-15. Purchase and Cancellation of Notes or Bonds
§31-19-17. Exemption From Taxation
§31-19-18. Financial Interests in Contracts Prohibited; Penalty
§31-19-19. Meetings and Records of Authority to Be Kept Public