W. Va. Code § 18-9D-4b

Current through 2024 First Special Session

Section 18-9D-4b - School Building Authority authorized to issue bonds and pay debt service on bonds with funds distributed from State Excess Lottery Fund

The School Building Authority is expressly authorized to issue bonds and pay debt service on bonds pursuant to the provisions of this article with funds distributed from the State Excess Lottery Fund under section eighteen-a, article twenty-two, chapter twenty-nine of this code and deposited into the Excess Lottery School Building Debt Service Fund and any federal subsidies received by the School Building Authority and deposited into the Excess Lottery School Building Debt Service Fund with respect to bonds authorized by this section.