As used in this article, unless a different meaning clearly appears from the context:
(1) “Board” means the governing body for the West Virginia Board of Treasury Investments. References in this code to the entity investing the moneys of the Consolidated Fund,
to the West Virginia Board of Investments, to the West Virginia Trust Fund or to the
West Virginia Investment Management Board in connection with investing moneys in the
Consolidated Fund means the Board as defined in this subdivision;
(2) “Consolidated fund” means the investment fund continued in section six of this article and transferred
to the Board by the West Virginia Investment Management Board for Management and Investment;
(3) “Director” means any member serving on the Board;
(4) “Local government funds” means the moneys of a political subdivision, including policemen's and firemen's
pension and relief funds, and volunteer fire department funds, transferred to the
Board for deposit;
(5) “Participant” means any state government spending unit or political subdivision which transfers
moneys to the Board for investment;
(6) “Political subdivision” means and includes a county, municipality or any agency, authority, board, county
board of education, commission or instrumentality of a county or municipality and
regional councils created pursuant to the provisions of section five, article twenty-five,
chapter eight of this code;
(7) “Securities” means all bonds, notes, debentures or other evidences of indebtedness and other
lawful investment instruments; and
(8) “State funds” means all moneys of the state which may be lawfully invested except for the “school
fund” established by section four, article XII of the State Constitution.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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