Bonds issued under the provisions of this article shall be legal investments for banks, building and loan associations, and insurance companies organized under the laws of this state and for a business development corporation organized pursuant to chapter thirty-one, article fourteen of the Code of West Virginia.
W. Va. Code § 13-2C-14
Bonds made legal investments
Known as the Industrial Development and Commercial Development Bond Act
The act spans §§ 13-2C-1 to 13-2C-9 (22 sections).
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.