West Virginia Statutes
§ 18-7B-6 — Powers and duties of the consolidated board in the administration of the defined contribution system
West Virginia § 18-7B-6
This text of West Virginia § 18-7B-6 (Powers and duties of the consolidated board in the administration of the defined contribution system) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 18-7B-6 (2026).
Text
The board has all powers necessary to effectuate the purposes of this article. The board shall contract with a private pension, insurance, annuity, mutual fund or other qualified company or companies to administer the day-to-day operations of the system. In selecting such company or companies the board shall take into account as its highest duty, the proper safeguard and protection of the member and employer contributions and the interest dividends, or other return thereon. The board shall promulgate rules regarding the proper investment of funds notwithstanding the provisions of article six, chapter twelve of this code.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
West Virginia § 18-7B-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/18/18-7B-6.