Public-domain · open source
OpenJurist

W. Va. Code § 7-21-4

Fund investment; usage

Known as the County Financial Stabilization Fund Act

The act spans §§ 7–7 (4 sections).

(a) The county commission may invest the money in the fund as it considers appropriate, with the earnings retained by the fund.

(b) The county commission may appropriate money in the financial stabilization fund upon a majority vote for any of the following purposes:

(1) To cover a general fund shortfall; or

(2) Any other purpose the commission considers appropriate.

Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.