West Virginia Statutes
§ 31-19-15 — Purchase and cancellation of notes or bonds
The authority, subject to such agreements with noteholders or bondholders as may then exist, shall have power, out of any funds available therefor, to purchase notes or bonds of the authority.
If the notes or bonds are then redeemable, the price of such purchase shall not exceed the redemption price then applicable plus accrued interest to the next interest payment date thereon. If the notes or bonds are not then redeemable, the price of such purchase shall not exceed the redemption price applicable on the first day after such purchase upon which the notes or bonds become subject to redemption plus accrued interest to such date. Upon such purchase such notes or bonds shall be cancelled.
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West Virginia § 31-19-15 (Purchase and cancellation of notes or bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1986 Reg. Sess., SB403; 1986 Reg. Sess., SB4
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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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