§18-12B-9. Sinking Fund for Payment of Bonds
From the state system tuition fee special capital improvements fund the board of regents shall make periodic payments to the state sinking fund commission in an amount sufficient to meet the requirements of any issue of bonds sold under the provisions of this article, as may be specified in the resolution of the board authorizing […]
§18-12B-10. Credit of State Not Pledged
No provisions of this article shall be construed to authorize the board of regents at any time or in any manner to pledge the credit or taxing power of the state, nor shall any of the obligations or debts created by the board under the authority herein granted be deemed to be obligations of the […]
§18-12B-11. Attorney General or His Duly Appointed Legal Representative to Serve as Bond Counsel
The Attorney General, or his duly appointed legal representative, shall serve as bond counsel and shall be responsible for the issuance of a final approving opinion regarding the legality of the sale of bonds under this article.
§18-12B-12. Powers of Board Are Supplemental; Conflicting Laws Superseded
The powers conferred by this article shall be in addition and supplemental to the existing powers of the board of regents. The provisions of any other law or laws conflicting with the provisions of this article shall be and the same are hereby superseded to the extent of any such conflict.
§18-12B-4. Issuance of Revenue Bonds; Use of Proceeds; Bonds Exempt From Taxation
The issuance of revenue bonds under the provisions of this article shall be authorized from time to time by resolution or resolutions of the board of regents, which shall set forth the proposed major renovations, repairs and safety upgrading and capital improvements authorized by section one of this article; and shall provide for the issuance […]
§18-12B-5. Issuance of Revenue Refunding Bonds; Use of Moneys; Power to Enter Into Escrow Agreements; Call for Redemption
The issuance of revenue refunding bonds under the provisions of this article shall be authorized by resolution of the board of regents and shall otherwise be subject to the limitations, conditions and provisions of section four of this article. Such revenue refunding bonds may be issued in an amount at the option of the board […]
§18-12B-6. Bonds May Be Issued for Combined Purposes
The board of regents may authorize by one or more resolutions a single issue of bonds for the combined purposes of refunding the outstanding bonds as herein authorized and financing one or more of the major renovations, repairs and safety upgrading and capital improvements herein authorized.
§18-12B-7. Bonds Shall Be Negotiable Instruments
The revenue bonds, revenue refunding bonds and bonds issued for combined purposes under the provisions of this article shall, independently of the requirements of any other provision of law and solely by virtue of the provisions of this section, be and have all the qualities and incidents of negotiable instruments.
§18-12B-8. Trust Agreements for Holders of Bonds
The board of regents may enter into an agreement or agreements with any trust company, or with any bank having the powers of a trust company, either within or outside the state, to act as trustee for the holders of bonds issued hereunder, setting forth therein such duties and containing such legally binding covenants of […]
§18-12B-1. Board of Regents Authorized to Issue Revenue Bonds for Certain Capital Improvements; Payment of Relocation Costs
The West Virginia board of regents shall have authority, as provided in this article, to issue revenue bonds of the state from time to time, either to finance the cost of major renovations, repairs and safety upgrading and providing new capital improvements consisting of facilities, buildings and structures, for those state institutions of higher education […]