West Virginia Statutes
§ 31-15A-23 — Infrastructure revenue bonds not debt of state, county, municipality or any political subdivision
West Virginia·Ch. 31 CORPORATIONS·Art. 15A WEST VIRGINIA INFRASTRUCTURE AND JOBS DEVELOPMENT COUNCIL
Infrastructure revenue bonds issued pursuant to the provisions of this article shall not constitute a debt or a pledge of the faith and credit or taxing power of this state or of any county, municipality or any other political subdivision of this state. The holders or owners thereof shall have no right to have taxes levied by the Legislature or the taxing authority of any county, municipality or any other political subdivision of this state for the payment of the principal thereof or interest thereon. The bonds shall be payable solely from the revenues and funds pledged for their payment as authorized by this article. All such bonds shall contain on the face thereof a statement to the effect that the bonds, as to both principal and interest, are not debts of the state or any county, munici
Free access — add to your briefcase to read the full text and ask questions with AI
West Virginia § 31-15A-23 (Infrastructure revenue bonds not debt of state, county, municipality or any political subdivision) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1998 Reg. Sess., HB4447
Nearby Sections
15
§ 31-1-100
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-101
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-102
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-103
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-104
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-105
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-106
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-107
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-108
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-109
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-110
Repealed. Acts, 2002 Reg. Sess., Ch. 25§ 31-1-111
Repealed. Acts, 2002 Reg. Sess., Ch. 25