West Virginia Statutes

§ 13-1-22 — Purposes for which proceeds to be used; purchaser need not see to application thereof

West Virginia·Ch. 13 PUBLIC BONDED INDEBTEDNESS·Art. 1 BOND ISSUES FOR ORIGINAL INDEBTEDNESS
The proceeds derived from the sale of any bonds shall be used only for the purpose or purposes for which the bonds were issued as set out in the order or ordinance submitting the question to vote, but the purchaser of the bonds shall not be obliged to see to the application thereof.

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