§8-16-22. Statutory mortgage lien upon works created.
There shall be and there is hereby created and granted a statutory mortgage lien upon such municipal public works constructed, reconstructed, established, acquired, improved, renovated, extended, enlarged, increased, equipped or repaired (including replacements) under the provisions of this article, which shall exist in favor of the holder of said bonds, and each of them, and to and in favor of the holder of the coupons attached to said bonds, and such municipal public works shall remain subject to such statutory mortgage lien until payment in full of the principal of and interest upon said bonds.
Structure West Virginia Code
Chapter 8. Municipal Corporations
Article 16. Municipal Public Works; Revenue Bond Financing
§8-16-3. Special Provisions as to Certain Municipal Public Works
§8-16-4. Construction, etc., to Be Under Control of Governing Body or Appointed Board, etc.
§8-16-4a. Additional Special Provisions as to Motor Vehicle Parking Facilities
§8-16-4b. Additional Special Provision as to the Use of Space in Motor Vehicle Parking Facilities
§8-16-7. Ordinance for Construction, etc., of Works
§8-16-8. Right of Eminent Domain
§8-16-9. Bonds for Improvements, etc., of Works
§8-16-10. Items of Expense Included in Cost of Works
§8-16-13. Obligations Not to Bind Municipal Official or Officer or Member of Board Personally
§8-16-14. Additional Bonds for Improvements, etc., of Works
§8-16-15. How Proceeds of Bonds Applied
§8-16-18. Rates, Fees, or Charges for Services Rendered by Works
§8-16-18a. Pledge of the Hotel Occupancy Tax; Contribution of Revenues to Building Commission
§8-16-20. Accounting System; Yearly Audit; Custodian of Funds
§8-16-22. Statutory Mortgage Lien Upon Works Created
§8-16-23. Acquisition of Property on Which Lien Exists
§8-16-25. Article Confers Additional Power and Authority; Extraterritorial Jurisdiction
§8-16-26. Construction of Power and Authority Conferred