West Virginia § 12-7-14 Exemption from certain requirements; audit

West Virginia Statutes

§ 12-7-14 — Exemption from certain requirements; audit

West Virginia § 12-7-14

Ch. 12PUBLIC MONEYS AND SECURITIES

Art. 7JOBS INVESTMENT TRUST FUND

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Bluebook

W. Va. Code § 12-7-14 (2026).

Text

In order to provide excellent investment opportunities and to effectively implement the new millennium fund, the investment activity and the new millennium fund activity provided by this article shall be exempt from the bidding and public sale requirements, from the approval of contractual agreements by the department of finance and administration or the attorney general and from the requirements of chapter five-a of this code. The transactions provided by this article shall be subject to an annual audit by an independent firm of certified public accountants.

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In order to provide excellent investment opportunities and to effectively implement the new millennium fund, the investment activity and the new millennium fund activity provided by this article shall be exempt from the bidding and public sale requirements, from the approval of contractual agreements by the department of finance and administration or the attorney general and from the requirements of chapter five-a of this code. The transactions provided by this article shall be subject to an annual audit by an independent firm of certified public accountants.