Refunding bonds may be secured by a pledge of: (a) The same source of security as the bonds to be refunded; or (b) such other security as the state may lawfully pledge, or both.
W. Va. Code § 13-2G-4
Security for refunding bonds
Known as the State Refunding Bond Act
The act spans §§ 13–13 (14 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.