§12-6E-8. Role of the Investment Management Board; Immunity From Liability
The Investment Committee or the Mountaineer Impact Office may consult the Investment Management Board regarding their activities. To the extent the Investment Management Board determines that to do so is not inconsistent with its duties and responsibilities imposed by this code, it may consult with Investment Committee or the Mountaineer Impact Office regarding those activities. […]
§12-6E-9. Immunities of Investment Committee and Mountaineer Impact Office; Exemptions
(a) The doctrine and principles of sovereign immunity extend to the West Virginia Impact Fund, the Mountaineer Impact Office, the Investment Committee and their operations. (b) The members, advisors, officers, and employees of the Investment Committee and the Mountaineer Impact Office are not liable personally, either jointly or severally, for any debt or obligation created […]
§12-6E-10. Political Activities
(a) The resources of the West Virginia Impact Fund, the Investment Committee and the Mountaineer Impact Office may not be used to finance or influence political activities. (b) A public official, or an immediate family member thereof, shall not intentionally or knowingly hold a financial interest in any project pursuant to this article, or hold […]
§12-6E-11. Confidential Information
The reports described in §12-6E-7 of this code shall be public record. If the standard confidentiality agreements, policies or procedures of a private enterprise or investor with which an investment in a project is proposed or made prohibit, restrict or limit the disclosure of information pertaining to the investment, the information is confidential and shall […]
§12-7-1. Purposes and Objectives; How Article Cited
This article, which may be cited as the "Jobs Investment Trust Act", is enacted to create a jobs investment trust to be used for the development, promotion and expansion of West Virginia's economy and to provide opportunities to businesses and college and university students to develop and implement plans for innovative projects and investment opportunity.
§12-6D-5. Enterprise Resource Planning Fund
There is hereby created a fund in the State Treasury entitled the Enterprise Resource Planning System Fund to be administered by the board. The fund shall consist of any appropriations or transfers made for the purpose of studying, evaluating, creating, developing, implementing and managing a new Enterprise Resource Planning System and any fees collected in […]
§12-6D-6. Transfer of Enterprise Resource Planning Funds
The unencumbered balances of all funds allocated to the enterprise resource planning system for fiscal year ending June 30, 2011, and the fiscal year ending June 30, 2012, are hereby transferred to the Enterprise Resource Planning System Fund on the effective date of this section in the year 2011.
§12-6D-7. Establishing State Vehicle Fixed Assets Record Keeping
The West Virginia Enterprise Resource Planning Board shall, after consulting with the Fleet Management Division, established pursuant to §5A-12-1 et seq. of this code, and the Division of Motor Vehicles, pursuant to the authority in §17A-3-25, develop standard naming conventions for the title, registration, and other fixed asset information to be used in the identification […]
§12-6E-1. Definitions
As used in this article, unless a different meaning clearly appears from the context: “Approved investment” means a proposed investment in a final project as approved by the Investment Committee. “Approved project proposal” means a project proposal that has been approved by the Investment Committee. “Final project” means the final project or investment product developed […]
§12-6E-2. West Virginia Impact Fund
(a) There is hereby created within the State Treasury a special revenue account, designated the “West Virginia Impact Fund” to be administered by the Governor for the purposes set forth in this article. (b) The fund shall consist of all moneys made available for the purposes of this article from any source, including, but not […]