WEST VIRGINIA CODE
WVC 17 - 17 A- 1
§17-17A-1. Purpose and scope.
This article is intended to facilitate the acquisition of
right-of-way for, the construction of, the reconstruction of and
the improvement or repair of any interstate or other highway,
secondary road, bridge and toll road to be funded wholly or in
part by amounts to be made available pursuant to the Federal
Surface Transportation Assistance Act of one thousand nine
hundred eighty-two, or from amounts to be made available pursuant
to any other federal legislation, or from amounts specifically
appropriated or dedicated therefor by the state, or from amounts
which may be properly expended from the state road fund under
article three, chapter seventeen of this code. This article
authorizes notes, in an aggregate amount of outstanding notes not
to exceed two hundred million dollars, to be issued to provide
financing for such projects in anticipation of reimbursement from
such sources, but such notes will be special obligations of the
state only, and will not be general obligations of the state or
secured by any claim on the general credit or taxing powers of
the state.
Note: WV Code updated with legislation passed through the 2012 1st Special Session