This article, which may be cited as the "West Virginia Investment Management Act", is enacted to modernize the procedures for the investment of funds of the state and its political subdivisions for the purpose of increasing the investment return of those funds.
W. Va. Code § 12-6-1
Purposes and objects; how article cited
Known as the West Virginia Investment Management Act
The act spans §§ 12–12 (32 sections).
Applied in 3 court decisions — leading case 747 F. Supp. 332 - State of W. Va. v. Morgan Stanley & Co. Inc. (1990)
Most recently applied in 203 W. Va. 413 - State ex rel. West Virginia Regional Jail & Correctional Facility Authority v. West Virginia Investment Management Board (July 1998)
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.