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Revenue Bonds for State Institutions of Higher Education -- Capital Improvements on System Basis. | Midpage
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West Virginia Code
Chapter 18
12B
Revenue Bonds for State Institutions of Higher Education -- Capital Improvements on System Basis.
18-12B-1
Board of regents authorized to issue revenue bonds for certain capital improvements; payment of relocation costs.
18-12B-2
State system tuition fee special capital improvements fund in State Treasury; collections to be paid into special fund; authority of board of regents to pledge such collections as security for revenue bonds; authority of board to finance projects on a cash basis.
18-12B-3
Board of regents to fix and collect fees.
18-12B-4
Issuance of revenue bonds; use of proceeds; bonds exempt from taxation.
18-12B-5
Issuance of revenue refunding bonds; use of moneys; power to enter into escrow agreements; call for redemption.
18-12B-6
Bonds may be issued for combined purposes.
18-12B-7
Bonds shall be negotiable instruments.
18-12B-8
Trust agreements for holders of bonds.
18-12B-9
Sinking fund for payment of bonds.
18-12B-10
Credit of state not pledged.
18-12B-11
Attorney general or his duly appointed legal representative to serve as bond counsel.
18-12B-12
Powers of board are supplemental; conflicting laws superseded.