West Virginia Statutes

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

West Virginia § 31-18B-5
JurisdictionWest Virginia
Ch. 31CORPORATIONS
Art. 18BMORTGAGE AND INDUSTRIAL DEVELOPMENT INVESTMENT POOL

This text of West Virginia § 31-18B-5 (Reversion to state Board of Investments of money not used for mortgages) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
W. Va. Code § 31-18B-5 (2026).

Text

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.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
West Virginia § 31-18B-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31/31-18B-5.