West Virginia Statutes
§ 5D-1-10 — Use of funds by authority; restrictions
West Virginia·Ch. 5D PUBLIC ENERGY AUTHORITY ACT·Art. 1 PUBLIC ENERGY AUTHORITY OF THE STATE OF WEST VIRGINIA
All moneys, properties and assets acquired by the authority, bonds or as revenues or otherwise, shall be held by it in trust for the purposes of carrying out its powers and duties, and shall be used and reused in accordance with the purposes and provisions of this article. Such moneys shall at no time be commingled with other public funds.
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Legislative History
1985 Reg. Sess., SB196
Nearby Sections
15
§ 5D-1-1
Short title§ 5D-1-11
Investment of funds by authority§ 5D-1-13
Bonds lawful investments§ 5D-1-14
Exemption from taxation§ 5D-1-18
Transportation fees and other revenues from natural gas transmission projects owned by the authority§ 5D-1-2
Purpose and intent§ 5D-1-22
Liberal construction of article