West Virginia Statutes
§ 5D-1-13 — Bonds lawful investments
West Virginia·Ch. 5D PUBLIC ENERGY AUTHORITY ACT·Art. 1 PUBLIC ENERGY AUTHORITY OF THE STATE OF WEST VIRGINIA
The provisions of sections nine and ten, article six, chapter twelve of this code to the contrary notwithstanding, all bonds issued by either the West Virginia economic development authority or the authority for the purposes of this article shall be lawful investments for the West Virginia state Board of Investments and shall also be lawful investments for banking institutions, societies for savings, building and loan associations, savings and loan associations, deposit guarantee associations, trust companies, and insurance companies, including domestic for life and domestic not for life insurance companies.
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Legislative History
1988 Reg. Sess., HB4527; 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