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Current as of January 01, 2024 | Updated by Findlaw Staff
The Governor shall sell the bonds herein authorized at a time or times as provided by resolutions enacted by the Legislature. The Governor, in his or her discretion, may, by executive message, request that a resolution be proposed for the issuance of bonds pursuant to this article. The Governor shall determine the manner by which bonds will be sold at an aggregate price equal to, above or below par value. On or before June 1 in the fiscal year in which the first bonds are issued pursuant to this article and June 1 of each fiscal year, the commissioner shall certify to the Treasurer and Secretary of the Department of Revenue the principal and interest requirement for the following fiscal year on any bonds issued pursuant to this article.
Cite this article: FindLaw.com - West Virginia Code Chapter 17. Roads and Highways § 17-26A-6. Sale by Governor; certification of annual debt service amount - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-17-roads-and-highways/wv-code-sect-17-26a-6/
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 before relying on it for your legal needs.
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