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Current as of January 01, 2024 | Updated by FindLaw Staff
The board may:
(1) Adopt and use a common seal and alter it at pleasure;
(2) Sue and be sued;
(3) Enter into contracts and execute and deliver instruments;
(4) Acquire by purchase, gift or otherwise, hold, use and dispose of real and personal property, deeds, mortgages and other instruments;
(5) Accept and receive gifts, grants and other moneys from any source;
(6) Promulgate and enforce by-laws and rules for the management and conduct of its affairs;
(7) Propose legislative rules, including emergency rules, in accordance with article three, chapter twenty-nine-a of this code to establish a user fee for the maintenance of the Enterprise Resource System;
(8) Contract with and retain legal, accounting, financial and information technology managers, advisors and consultants;
(9) Delegate to the committee any and all duties of the board deemed necessary and convenient to effectuate the intent of this article;
(10) Review and ratify or overrule any decision of the steering committee;
(11) Review written appeals submitted by the steering committee chairman at the request of a committee member; and
(12) Do all things necessary or convenient to implement and operate the board and carry out the purposes of this article.
Cite this article: FindLaw.com - West Virginia Code Chapter 12. Public Moneys and Securities § 12-6D-2. Powers of the board - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-12-public-moneys-and-securities/wv-code-sect-12-6d-2/
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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