West Virginia Statutes
§ 31-18C-8 — Legality for investment; tax exemption
West Virginia § 31-18C-8
This text of West Virginia § 31-18C-8 (Legality for investment; tax exemption) 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 § 31-18C-8 (2026).
Text
(a)The bonds are hereby made securities in which all insurance companies and associations, and other persons carrying on an insurance business, all banks, bankers, trust companies, building and loan associations, savings and loan associations, investment companies and other persons carrying on a banking business, and other persons, except administrators, guardians, executors, trustees and fiduciaries, who are now or who may hereafter be authorized to invest in bonds or other obligations of the state, may properly and legally invest funds including capital in their control or belonging to them.
(b)The bonds and the income therefrom shall at all times be exempt from taxation.
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Legislative History
1985 Reg. Sess., SB653
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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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. 25Cite This Page — Counsel Stack
Bluebook (online)
West Virginia § 31-18C-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31/31-18C-8.