Public Energy Authority of the State of West Virginia.
5D-1-1Short title.5D-1-2Purpose and intent.5D-1-3Definitions.5D-1-4West Virginia Public Energy Authority continued; West Virginia Public Energy Board continued; organization of authority and board; appointment of board members; term, compensation and expenses; director of authority; appointment.5D-1-5Powers, duties and responsibilities of authority generally; termination of certain powers.5D-1-5aPublication of notice of certain meetings.5D-1-5bPublic hearing before final consideration of bond issue or exercise of right of eminent domain.5D-1-5cApproval of decommissioning or deconstructing an existing power plant.5D-1-6Authority may construct, finance, lease, sell, maintain, etc., electric power projects and transmission facilities.5D-1-7Authority may construct, finance, maintain, etc., natural gas transmission projects and facilities.5D-1-8Annual report to Governor and Legislature; audit.5D-1-9Expenses of authority.5D-1-10Use of funds by authority; restrictions.5D-1-11Investment of funds by authority.5D-1-12Maintenance, operation and repair of projects.5D-1-13Bonds lawful investments.5D-1-14Exemption from taxation.5D-1-15Acquisition of property by authority -- Acquisition by purchase, lease or eminent domain; governmental agencies authorized to convey, etc., property; sale of property by authority.5D-1-16Authority not public utility and not subject to full jurisdiction of Public Service Commission; authority subject to provisions concerning gas pipeline safety.5D-1-17Transportation of gas from natural gas transportation projects by gas utility pipelines as common carriers.5D-1-18Transportation fees and other revenues from natural gas transmission projects owned by the authority.5D-1-19Financial interest in contracts prohibited; penalty.5D-1-20Personal liability of members or persons acting on behalf of the authority.5D-1-21Meetings and records of authority to be kept public.5D-1-22Liberal construction of article.5D-1-23Severability.5D-1-24W. Va. Code § 5D-1-24Repealed