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Current as of January 01, 2024 | Updated by FindLaw Staff
Whenever bonds or notes are issued for financing the cost of any or all of the following: Constructing, reconstructing, remodeling, repairing, improving, extending, equipping or furnishing the football stadium, the athletic facilities building or related facilities of West Virginia University, the board may, with the written approval of the director of athletics at West Virginia University, pledge to the payment of the principal of and premium, if any, and interest on said bonds or notes all or any portion of the moneys derived from admission fees to athletic contests and deposited into the athletic accounts at West Virginia University: Provided, That said approval of the director of athletics must specify all or any said portions of the money to be pledged: Provided, however, that no fees paid by students other than the regular student activity fee may be so pledged.
Cite this article: FindLaw.com - West Virginia Code Chapter 18. Education § 18-11D-3. Payment of principal of and premium, if any, and interest on bonds and notes from all or any portion of the moneys derived from admission fees to athletic contests at West Virginia University; approval of director of athletics - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-18-education/wv-code-sect-18-11d-3/
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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