West Virginia Statutes
§ 17-16F-25 — Railroad maintenance bonds lawful investments
West Virginia·Ch. 17 ROADS AND HIGHWAYS·Art. 16F WEST VIRGINIA DIVISION OF MULTIMODAL TRANSPORTATION FACILITIES
By the provisions of §12-6-1et seq. of this code, notwithstanding any code section to the contrary, all railroad maintenance revenue bonds issued pursuant to this article are lawful investments for the West Virginia Investment Management Board and are also lawful investments for banking institutions, societies for savings, building and loan associations, savings and loan associations, deposit guarantee associations, trust companies, insurance companies, including domestic for life and domestic not for life insurance companies.
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Legislative History
2022 Reg. Sess., HB4492; 2017 Reg. Sess., SB414