West Virginia Statutes
§ 22C-1-18 — Water development bonds lawful investments
West Virginia·Ch. 22C ENVIRONMENTAL RESOURCES; BOARDS, AUTHORITIES, COMMISSIONS AND COMPACTS·Art. 1 WATER DEVELOPMENT AUTHORITY
The provisions of sections nine and ten, article six, chapter twelve of this code to the contrary notwithstanding, all water development revenue bonds issued pursuant to this article are lawful investments for the West Virginia State Board of Investments 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
1994 Reg. Sess., HB4065
Nearby Sections
15
§ 22C-1-1
Short title§ 22C-1-15
Investment of funds by authority§ 22C-1-17
Maintenance, operation and repair of projects; reports by authority to Governor and Legislature§ 22C-1-20
Refunding bonds§ 22C-1-21
Exemption from taxation