§13-2G-6. Terms of Refunding Bonds; Time, Place and Amount of Payments
Upon determining the issue of such refunding bonds, the state shall, by resolution, authorize the issuance of such bonds in an amount not exceeding the amount permitted by this article, fix the date thereof, the rate or rates of interest which such bonds shall bear and when and where they are payable.
§13-2G-7. Sale of Refunding Bonds at Above or Below Par Value
All refunding bonds issued by the state may be sold at a price equal to, above or below par value and accrued interest as the state may direct. Refunding bonds may also be sold at a zero (0) rate of interest or at an original issue discount.
§13-2G-1. Short Title
This article shall be known and may be cited as the "State Refunding Bond Act."
§13-2G-2. Definitions
As used in this article, unless the context otherwise requires: (a) "Bonds" means general obligation bonds, review bonds, notes or other debt instruments issued by the state, a state agency or a state authority. (b) "Code" means the Code of West Virginia, 1931, as amended. (c) "Legislature" means the Legislature of this state. (d) "Refunding […]