West Virginia Statutes

§ 31-18B-5 — Reversion to state Board of Investments of money not used for mortgages

West Virginia·Ch. 31 CORPORATIONS·Art. 18B MORTGAGE AND INDUSTRIAL DEVELOPMENT INVESTMENT POOL
Should the Housing Development Fund or its agents fail to loan all or a portion of the funds made available pursuant to section two of this article within one year of the date those funds become a part of the state mortgage and industrial development investment pool, then that portion of the funds not invested shall revert to the exclusive control of the state Board of Investments and shall no longer be required to be available to the state mortgage and industrial development investment pool.

Free access — add to your briefcase to read the full text and ask questions with AI

West Virginia § 31-18B-5 (Reversion to state Board of Investments of money not used for mortgages) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1987 Reg. Sess., HB2823; 1982 Reg. Sess., SB409

Nearby Sections

15
View on official source ↗