§12-6C-20. Termination of Board
Pursuant to the provisions of article ten, chapter four of this code, the West Virginia Board of Treasury Investments shall continue to exist until July 1, 2010.
§12-6D-1. West Virginia Enterprise Resource Planning Board Created; Board Composition and Purpose; Enterprise Resource Planning Defined
(a) As used in this article "enterprise resource planning" means the implementation of software applications to achieve the comprehensive integration of data sources and processes of state agencies into a unified system that includes the state's financial management, procurement, personnel, payroll, budget development and other administrative business processes. (b) There is created the West Virginia […]
§12-6D-2. Powers of the Board
The board may: (1) Adopt and use a common seal and alter it at pleasure;
§12-6D-3. Management and Control of Enterprise Resource Planning System; Designation of Chair; Meetings; Executive Session
(a) The board shall manage and control the Enterprise Resource Planning System in accordance with the provisions of this article. (b) The Governor shall be the chairperson of the board unless the board votes to elect another member as chairperson. (c) Decisions of the board require unanimous consent of the members. (d) The board may […]
§12-6D-4. Steering Committee Created; Powers and Authority
(a) There is created a sixteen member steering committee of the board whose purpose is to provide routine oversight of the implementation and management of the enterprise resource planning system and perform duties delegated to them by the board. (b) The steering committee shall annually elect a chairperson to chair the committee. (c) A steering […]
§12-6C-14. Existing Investments
The Investments Management Board shall transfer the cash, securities and other investments of the Consolidated Fund it holds, maintains or administers to the West Virginia Board of Treasury investments on July 1, 2005, which will lawfully vest the West Virginia Board of Treasury Investments with ownership of all securities or other investments of the Consolidated […]
§12-6C-15. Annual Audits; Financial Statements; Information
(a) The Board shall have an annual financial and compliance audit of the assets, funds, pools and participant accounts managed by the Board made by a certified public accounting firm which has a minimum staff of ten certified public accountants and which is a member of the American Institute of Certified Public Accountants and, if […]
§12-6C-16. Reports to Participants
(a) On a monthly basis, the Board shall timely provide the State Treasurer with information to enable the State Treasurer to provide an itemized statement of a spending unit's or other participant's account in the Consolidated Fund to each state spending unit and any other entity investing moneys in the Consolidated Fund. The statement shall […]
§12-6C-17. Legal Status of Spending Units Continued
Except as otherwise provided in this article, every state spending unit shall retain all of the powers and shall exercise all of the functions and duties vested in or imposed upon it by law, as to any fund or account.
§12-6C-18. Authorization for Loans by the Board
(a) Any loan made from the Consolidated Fund by a predecessor entity shall remain in existence and in accordance with the terms and conditions of the loan. (b) The Board shall continue the work of the Investment Management Board in taking the steps necessary to increase the liquidity of the Consolidated Fund to allow for […]