WEST VIRGINIA CODE
WVC 8 - 20 - 6
§8-20-6. Bonds payable solely from revenues; not to constitute
municipal indebtedness.
Bonds issued under the provisions of this article shall be
payable solely from the revenues derived from the combined system,
and the bonds may not in any event constitute an indebtedness of
such municipality within the meaning of any constitutional or
statutory provision or limitation and it shall be plainly stated on
the face of each bond that the same has been issued under the
provisions of this article, and that it does not constitute an
indebtedness of the municipality within any constitutional or
statutory provision or limitation. The ordinance authorizing the
issuance of the bonds may contain such covenants and restrictions
upon the issuance of additional revenue bonds thereafter as may be
considered necessary or advisable for the assurance of payment of
the bonds thereby authorized and as may thereafter be issued.
Note: WV Code updated with legislation passed through the 2012 1st Special Session