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Home » US Law » 2022 West Virginia Code » Chapter 12. Public Moneys and Securities » Article 6. West Virginia Investment Management Board

§12-6-9a. Trust Indenture

The provisions of the trust indenture entered into by the Governor on July 1, 1996, with the West Virginia trust fund, inc., acting as the trustee, are superseded by the following provisions: (a) The board shall continue to hold each of the participant plans specified by this article in a separate irrevocable trust as trustee […]

§12-6-9c. Authorization of Additional Investments

Notwithstanding the restrictions which may otherwise be provided by law with respect to the investment of funds, all administrators, custodians or trustees of pension funds other than the board, each political subdivision of this state and each county board of education may invest funds in the securities of or any other interest in any investment […]

§12-6-9h. Securities Handling

In financial transactions whereby securities are purchased by the board under an agreement providing for the resale of such securities to the original seller at a stated price, the board shall take physical possession of the securities, directly, by its custodian bank or through a neutral third party: Provided, That an agreement with a neutral […]