ENROLLED
Senate Bill No. 110
(By Senators Wagner, Bowman, Wiedebusch, Yoder and Minear)
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[Passed March 5, 1996; in effect ninety days from passage.]
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AN ACT to amend and reenact section eighteen, article six,
chapter twelve of the code of West Virginia, one thousand
nine hundred thirty-one, as amended, relating to continuing
the West Virginia board of investments until the first day
of July, one thousand nine hundred ninety-seven.
Be it enacted by the Legislature of West Virginia:
That section eighteen, article six, chapter twelve of the
code of West Virginia, one thousand nine hundred thirty-one, as
amended, be amended and reenacted to read as follows:
ARTICLE 6. WEST VIRGINIA STATE BOARD OF INVESTMENTS.
§12-6-18. West Virginia board of investments continued.
After having conducted a performance review through its
joint committee on government operations, pursuant to article ten, chapter four of this code, the Legislature hereby finds and
declares that the West Virginia board of investments should be
continued and reestablished. Accordingly, notwithstanding the
provisions of article ten, chapter four of this code, the West
Virginia board of investments shall continue to exist until the
first day of July, one thousand nine hundred ninety-seven, to
allow for monitoring of compliance with recommendations contained
in the preliminary performance review and to allow for further
review by the joint committee on government operations.