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Current as of January 01, 2024 | Updated by FindLaw Staff
For all purposes of this article, the power and authority of any municipality to lease, as lessor, space in a motor vehicle parking facility to any person for business, commercial or charitable use shall be deemed to include the power and authority to lease such space to the United States of America, the State of West Virginia, the county court of any county of the State of West Virginia, and any agency, board or commission of any thereof, and the revenues derived from such leases may be pledged as security for and expended in payment of revenue bonds of such municipality in like manner and to the same extent as other revenues from such motor vehicle parking facility.
Cite this article: FindLaw.com - West Virginia Code Chapter 8. Municipal Corporations § 8-16-4b. Additional special provision as to the use of space in motor vehicle parking facilities - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-8-municipal-corporations/wv-code-sect-8-16-4b/
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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