The provisions of sections nine and ten, article six, chapter twelve of this code to the contrary notwithstanding, all bonds issued by either the West Virginia economic development authority or the authority for the purposes of 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, and insurance companies, including domestic for life and domestic not for life insurance companies.
Structure West Virginia Code
Chapter 5D. Public Energy Authority Act
Article 1. Public Energy Authority of the State of West Virginia
§5D-1-5. Powers, Duties and Responsibilities of Authority Generally; Termination of Certain Powers
§5D-1-5a. Publication of Notice of Certain Meetings
§5D-1-8. Annual Report to Governor and Legislature; Audit
§5D-1-9. Expenses of Authority
§5D-1-10. Use of Funds by Authority; Restrictions
§5D-1-11. Investment of Funds by Authority
§5D-1-12. Maintenance, Operation and Repair of Projects
§5D-1-13. Bonds Lawful Investments
§5D-1-14. Exemption From Taxation
§5D-1-19. Financial Interest in Contracts Prohibited; Penalty
§5D-1-20. Personal Liability of Members or Persons Acting on Behalf of the Authority
§5D-1-21. Meetings and Records of Authority to Be Kept Public