All duties vested by law in any agency, commission, official or other board of the state relating to the investment of moneys, and the acquisition, sale, exchange or disposal of securities or any other investment are hereby transferred to the Board: Provided, That neither this section nor any other section of this article applies to the duties vested by law in any agency, commission, official or other board of the state relating to the investment of moneys and the acquisition, sale, exchange or disposal of securities or any other investment by the West Virginia Board of Treasury Investments pursuant to article six-c of this chapter, to the Board of the School Fund or to the School Fund established by section 4, article XII of the State Constitution: Provided, however, That funds under the control of the Municipal Bond Commission may, in the discretion of the Commission, be made available to the Board for investment by the Commission as provided in article three, chapter thirteen of this code.
W. Va. Code § 12-6-13
Board as agency for investments; exceptions
Known as the West Virginia Investment Management Act
The act spans §§ 12-6-1 to 12-6-9h (32 sections).
Applied in 1 court decision — leading case 181 W. Va. 779 - Dadisman v. Moore (1989)
Most recently applied in 181 W. Va. 779 - Dadisman v. Moore (March 1989)
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.