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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Any loan made from the Consolidated Fund by a predecessor entity shall remain in existence and in accordance with the terms and conditions of the loan.
(b) The Board shall continue the work of the Investment Management Board in taking the steps necessary to increase the liquidity of the Consolidated Fund to allow for any loans authorized by the Legislature without increasing the risk of loss.
Cite this article: FindLaw.com - West Virginia Code Chapter 12. Public Moneys and Securities § 12-6C-18. Authorization for loans by the Board - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-12-public-moneys-and-securities/wv-code-sect-12-6c-18/
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