West Virginia § 18C-2-2 "Act," "undertaking" and "obligations" defined

West Virginia Statutes

§ 18C-2-2 — "Act," "undertaking" and "obligations" defined

West Virginia·Ch. 18C STUDENT LOANS; SCHOLARSHIPS AND STATE AID·Art. 2 GUARANTEED STUDENT LOAN PROGRAM

As used in this article, the following words and terms shall have the following meanings, unless the context shall indicate another or different meaning or intent:

(a)The words "act" or "undertaking" shall mean the official act of the governing boards, or senior administrator acting under the direction of the boards, in connection with the acquisition or disposition of all or any part of obligations or interest therein which the governing boards are authorized to buy or sell hereunder.

(b)The word "obligations" shall mean those evidences of debt which the governing boards may buy, sell, endorse, or guarantee under the provisions of this article.

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As used in this article, the following words and terms shall have the following meanings, unless the context shall indicate another or different meaning or intent:

(a) The words "act" or "undertaking" shall mean the official act of the governing boards, or senior administrator acting under the direction of the boards, in connection with the acquisition or disposition of all or any part of obligations or interest therein which the governing boards are authorized to buy or sell hereunder.

(b) The word "obligations" shall mean those evidences of debt which the governing boards may buy, sell, endorse, or guarantee under the provisions of this article.

West Virginia § 18C-2-2 ("Act," "undertaking" and "obligations" defined) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.