§18B-13-5. Use of State Property and Equipment; Faculty
(a) The governing boards are authorized to provide for the low cost and economical use and sharing of state property and equipment, including computers, research labs and other scientific and necessary equipment to assist any qualified business within an approved research park or zone or technology center. The commission shall approve a schedule of nominal […]
§18B-12-10. Assignment or Transfer of Property to Certain Corporations
(a) Institutional boards of Governors may provide and transfer funding and property, both real and personal, to corporations as defined in section one of this article, and with which the institution under its jurisdiction has contracted pursuant to the provisions of this article. Any deed that transfers real property under the provisions of this section […]
§18B-12A-1. Legislative Findings and Purpose
(a) The Legislature finds that economic development in West Virginia depends in part on the effective and efficient management of research grants and opportunities at doctoral institutions of higher education, on collaborations developed between doctoral institutions and businesses and industry and on the advancement and commercialization of new and evolving technologies. It is in the […]
§18B-12A-2. Definitions
The following words used in this article have the meaning ascribed to them in this section unless the context clearly indicates a different meaning: (a) "Agreement" means any agreement or contractual relationship being entered into between a doctoral institution and a center pursuant to the provisions of this article. (b) "Center" means a center for […]
§18B-12A-3. Establishment of Centers for Economic Development and Technology Advancement; Doctoral Institutions Authorized to Enter Into Agreements
There is authorized the establishment of independent entities to be known as centers for economic development and technology advancement. Each center shall be formed with respect to a specific doctoral institution and each center shall meet the following conditions: (1) Representatives from private sector business and industry constitute a majority of the voting members of […]
§18B-12A-4. Powers and Duties of Governing Bodies and Centers
The primary responsibility of each center is to foster and support economic development and the advancement and commercialization of new and emerging technologies through collaboration agreements between business-industry and the respective doctoral institution. To that end, the governing body of each center has the following powers and duties: (a) To adopt and amend, from time […]
§18B-12A-5. Appointment of President; Qualifications
(a) The governing body of each center shall employ a president who shall be the chief executive officer of the center and who shall serve at the will and pleasure of the governing body; (b) The center shall be under the control and supervision of the president who, with the approval of the governing body, […]
§18B-12A-6. Agreements; Required Provisions
(a) Notwithstanding section ten, article three, chapter twelve of this code or any other provision of law to the contrary, each doctoral institution is hereby authorized to enter into agreements with one or more centers: Provided, That each center is formed with respect to that specific doctoral institution and meets the conditions set forth either […]
§18B-12-7. No Waiver of Sovereign Immunity
Nothing contained in this article shall be deemed or construed to waive or abrogate in any way the sovereign immunity of the state or to deprive a governing board of a state institution of higher education, a state institution of higher education or any officer or employee thereof of sovereign immunity.
§18B-12-8. Not Obligation of the State
Obligations of a corporation shall not constitute debts or obligations of a state institution of higher education, the governing board thereof or the state.