West Virginia § 12-8-9 Refunding bonds

West Virginia Statutes

§ 12-8-9 — Refunding bonds

West Virginia·Ch. 12 PUBLIC MONEYS AND SECURITIES·Art. 8 PENSION LIABILITY REDEMPTION

Subject to the provisions of the outstanding bonds issued under this article and subject to the provisions of this article, the governor shall have the power to refund any outstanding bonds, whether the obligation refunded represents principal or interest, in whole or in part, at any time.

Refunding bonds shall mature at such time or times, which shall not exceed the longest original term of the bonds as issued, as the governor shall determine by executive order issued by the governor, which executive order shall be received by the secretary of state and filed in the state register pursuant to section three, article two, chapter twenty-nine-a of this code.

Free access — add to your briefcase to read the full text and ask questions with AI

Subject to the provisions of the outstanding bonds issued under this article and subject to the provisions of this article, the governor shall have the power to refund any outstanding bonds, whether the obligation refunded represents principal or interest, in whole or in part, at any time.

Refunding bonds shall mature at such time or times, which shall not exceed the longest original term of the bonds as issued, as the governor shall determine by executive order issued by the governor, which executive order shall be received by the secretary of state and filed in the state register pursuant to section three, article two, chapter twenty-nine-a of this code.

West Virginia § 12-8-9 (Refunding bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.