West Virginia Statutes
§ 8-37-4 — Fund investment; usage
(a)The governing body may invest the money in the fund as it considers appropriate, with the earnings retained by the fund.
(b)The governing body may appropriate money in the financial stabilization fund upon a majority vote for the following purposes:
(1)To cover a general fund shortfall; or
(2)Any other purpose the municipality considers appropriate.
Free access — add to your briefcase to read the full text and ask questions with AI
West Virginia § 8-37-4 (Fund investment; usage) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
2001 Reg. Sess., SB407
Nearby Sections
15
§ 8-1-1
Purpose and short title§ 8-1-2
Definitions of terms§ 8-1-4
How population determined§ 8-1-5a
Municipal Home Rule Program§ 8-10-1
Powers and duties of mayor