Home/West Virginia/Statutes/Ch. 5: GENERAL POWERS AND AUTHORITY OF THE GOVERNOR, SECRETARY OF STATE AND ATTORNEY GENERAL; BOARD OF PUBLIC WORKS; MISCELLANEOUS AGENCIES, COMMISSIONS, OFFICES, PROGRAMS, ETC/Art. 10: WEST VIRGINIA PUBLIC EMPLOYEES RETIREMENT ACT/§ 5-10-40
West Virginia Statutes

§ 5-10-40 — Restricted use of retirement system moneys

West Virginia § 5-10-40
JurisdictionWest Virginia
Ch. 5GENERAL POWERS AND AUTHORITY OF THE GOVERNOR, SECRETARY OF STATE AND ATTORNEY GENERAL; BOARD OF PUBLIC WORKS; MISCELLANEOUS AGENCIES, COMMISSIONS, OFFICES, PROGRAMS, ETC
Art. 10WEST VIRGINIA PUBLIC EMPLOYEES RETIREMENT ACT

This text of West Virginia § 5-10-40 (Restricted use of retirement system moneys) 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 § 5-10-40 (2026).

Text

The moneys, investments and all other assets of the retirement system shall be used for the sole purpose of meeting the disbursements for annuities and other payments authorized by this article, and shall be used for no other purpose whatsoever.

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Legislative History

1961 Reg. Sess., SB22

Nearby Sections

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Bluebook (online)
West Virginia § 5-10-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/5/5-10-40.