WVC 18 - 11 D- 3
§18-11D-3. Payment of principal of and premium, if any, and
interest on bonds and notes from all or any portion
of the moneys derived from admission fees to
athletic contests at West Virginia University;
approval of director of athletics.
Whenever bonds or notes are issued for financing the cost of
any or all of the following: Constructing, reconstructing,
remodeling, repairing, improving, extending, equipping or
furnishing the football stadium, the athletic facilities building
or related facilities of West Virginia University, the board may,
with the written approval of the director of athletics at West
Virginia University, pledge to the payment of the principal of
and premium, if any, and interest on said bonds or notes all or
any portion of the moneys derived from admission fees to athletic
contests at West Virginia University: Provided,
approval of the director of athletics must specify all or any
said portion of the moneys to be pledged: Provided, however,
That no fees paid by students other than the regular student
activity fee may be so pledged.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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