WVC 18 B- 12 - 2
§18B-12-2. Legislative findings and purpose.
(a) The Legislature finds and determines that the future
economic development in the state will depend in part upon research
developed at the state institutions of higher education, and
enhanced research opportunities for state institutions of higher
education will promote the general economic welfare of the citizens
of the state. In order to enhance the competitive position of
state institutions of higher education in the current environment
for research and development, expenditures for equipment and
material for research projects must be handled in an expeditious
fashion, and the acquisition and utilization of research grants can
be simplified and expedited through the utilization of private
(b) The interest of the citizens of the state will be best met
by agreements entered into and carried out by the governing boards
and corporations to provide research assistance for state
institutions of higher education. Therefore, in order to
facilitate research and development grants and opportunities for
state institutions of higher education, it is appropriate to
authorize the governing boards to contract with private
corporations organized for the purpose of providing such services
to state institutions of higher education.
Note: WV Code updated with legislation passed through the 2015 Regular Session
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