Veterans' Mortgage Fund. | Midpage

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West Virginia Code

18C

Veterans' Mortgage Fund.

31-18C-1Short title.31-18C-2Legislative findings; purpose and intent of article.31-18C-3Definitions.31-18C-4Veterans' mortgage fund created; purpose.31-18C-5Money and interests included in the veterans' mortgage fund.31-18C-6Veterans' mortgage bonds; amount; terms of bonds; when may issue.31-18C-7Pledge of credit of state and security for bonds.31-18C-8Legality for investment; tax exemption.31-18C-9Listing by Auditor; agent for registration.31-18C-10Veterans' loan payments used to pay bonds and interest; investment of remainder.31-18C-11Sale by Governor; minimum price.31-18C-12Auditor to be custodian of unsold bonds.31-18C-13Bond counsel and financial advisor.31-18C-14Approval and payment of all necessary expenses.31-18C-15Administration of veterans' mortgage fund program by West Virginia Housing Development Fund.31-18C-16Powers and duties of Housing Development Fund regarding veterans' mortgage fund.31-18C-17Terms and conditions of loans from veterans' mortgage fund.31-18C-18Prohibition of funds inuring to the benefit of or being distributable to the directors or officers.31-18C-19Annual audit.