West Virginia Statutes

§ 31-15-28 — Agreement with federal agencies not to alter or limit powers of authority

West Virginia·Ch. 31 CORPORATIONS·Art. 15 WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY
The state hereby pledges to and agrees with each federal agency that, if such agency constructs or loans or contributes any funds for any project, the state will not alter or limit the rights and powers of the authority in any manner which would be inconsistent with the due performance of any agreement between the authority and such federal agency and that the authority shall continue to have and exercise all powers granted for carrying out the purposes of this article for so long as necessary.

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Legislative History

1989 Reg. Sess., SB575; 1981 Reg. Sess., SB335

Nearby Sections

15
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