West Virginia § 8A-6-1 Bond requirements

West Virginia Statutes

§ 8A-6-1 — Bond requirements

West Virginia § 8A-6-1

Ch. 8ALAND USE PLANNING

Art. 6METHODS OF SECURITY

This text of West Virginia § 8A-6-1 (Bond requirements) 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 § 8A-6-1 (2026).

Text

(a)If a bond is used as an acceptable method of security for infrastructure construction, then it shall meet the following requirements:

(1)Be in an amount to cover the infrastructure construction, as determined by the governing body;

(2)Be payable to the governing body;

(3)Have adequate surety and be satisfactory to the governing body;

(4)Specify the time for the completion of the infrastructure construction; and

(5)Specify the date and/or condition for when the bond will be released.

(b)The money from the bond shall only be used by the governing body to which the bond is payable, for the completion of the infrastructure construction, when the infrastructure construction is not completed as approved at the issuance of the bond.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) If a bond is used as an acceptable method of security for infrastructure construction, then it shall meet the following requirements:

(1) Be in an amount to cover the infrastructure construction, as determined by the governing body;

(2) Be payable to the governing body;

(3) Have adequate surety and be satisfactory to the governing body;

(4) Specify the time for the completion of the infrastructure construction; and

(5) Specify the date and/or condition for when the bond will be released.

(b) The money from the bond shall only be used by the governing body to which the bond is payable, for the completion of the infrastructure construction, when the infrastructure construction is not completed as approved at the issuance of the bond.