§5D-1-13. Bonds lawful investments.
The provisions of sections nine and ten, article six, chapter
twelve of this code to the contrary notwithstanding, all bonds
issued by either the West Virginia economic development authority
or the authority for the purposes of this article shall be lawful
investments for the West Virginia state board of investments and
shall also be lawful investments for banking institutions,
societies for savings, building and loan associations, savings and
loan associations, deposit guarantee associations, trust companies,
and insurance companies, including domestic for life and domestic
not for life insurance companies.