§13-3-4. Executive Committee; Powers and Duties
The State Tax Commissioner, the State Treasurer, and the State Auditor constitute the executive committee of the Municipal Bond Commission. The executive committee is vested with all the powers of the commission when it is not in session, except that the executive committee may not overrule, reverse or disregard any action of the full commission. […]
§13-3-5. Officer and Employee Bonds
The chief administrative officer and the employees designated by the commission shall furnish bonds in such form and in such amounts as the commission shall, from time to time, determine. The costs of such bonds shall be paid by the commission and such bonds shall be filed in the same office as are the bonds […]
§13-3-5a. Costs and Expenses; Fees for Services
The commission shall set a schedule of fees to be charged for the commission's services, sufficient to meet all expenses of the commission. These fees shall be assessed on the basis of debt service paid by the commission for each issuer and shall not exceed one half of one percent of the debt service paid, […]
§13-3-6. Powers and Duties of Commission
(a) The commission shall serve as fiscal agent for all issuers of general obligation bonds issued by the counties, municipalities, and school districts of the State of West Virginia when the commission is specifically named as the fiscal agent by statute. (b) The commission shall serve as fiscal agent for all issuers of revenue bonds […]
§13-3-7. Permissible Investments; Limitations and Prohibitions on Purchase, Sale or Exchange of Securities; Public Records; Combining Funds and Proration of Interest; Custody of Securities
(a) Notwithstanding any provisions of this code to the contrary, the commission may invest funds under its control in the following classes of securities and not otherwise: (1) Securities of the United States or any agency thereof which are guaranteed by or for which the full faith and credit of the United States is pledged […]
§13-3-7a. Escrowing Bond Issues
(a) All bond issues for which the commission is serving as fiscal agent shall be considered to have been canceled and paid in advance of their due date or date of redemption if there shall have been deposited with the commission either: (1) Moneys sufficient to pay when and as due at maturity or prior […]
§13-3-8. Notification by Issuer of Bond Sale
For any issue for which the commission shall serve as fiscal agent, either by statute or provisions of bond ordinance, or for any issue which refunds an issue for which the commission is currently serving as fiscal agent, the issuer shall notify the commission of the issuance of such bonds not more than five days […]
§13-3-9. Collection, Deposit and Accounting Funds; Insufficient Deposit; Withdrawal of Additional Funds
(a) Deposit of funds. — All tax receipts and interest belonging to the counties, municipalities or school districts and earmarked for the purpose of amortizing bonded indebtedness, shall be, by the treasurer or collector thereof, forwarded to the commission at least quarterly to be deposited in the State Treasury to the credit of the Municipal […]
§13-2H-8. Redemption of Bonds
The lottery revenue bonds issued pursuant to this article may contain a provision therein to the effect that they, or any of them, may be called for redemption at any time prior to maturity by the governmental body and at such redemption prices or premiums, which terms shall be stated in the bond.
§13-2H-9. Refunding Bonds
Any lottery revenue bonds issued hereunder and at any time outstanding may, at any time and from time to time, be refunded by a county, municipality or board of education by the issuance of its refunding bonds in such amount as the governmental body may determine necessary to refund the principal of the bonds so […]