§8-19-6. Amount, negotiability and execution of bonds.
Bonds herein provided for shall be issued in such amounts as
may be necessary to provide sufficient funds to pay all costs of
acquisition, construction, establishment, extension or equipment,
including engineering, legal and other expenses, together with
interest to a date six months subsequent to the estimated date of
completion. Bonds issued under the provisions of this article are
hereby declared to be negotiable instruments, and the same shall be
executed by the proper legally constituted authorities of the
municipality or county commission, and be sealed with the corporate
seal of the municipality or certified by the county commission, and
in case any of the officers whose signatures appear on the bonds or
coupons shall cease to be such officers before delivery of such
bonds, such signatures shall nevertheless be valid and sufficient
for all purposes the same as if they had remained in office until
such delivery. All signatures on the bonds or coupons and the
corporate seal may be mechanically reproduced if authorized in the
ordinance or order authorizing the issuance of the bonds.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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