WVC 18 B- 18 - 9
§18B-18-9. Authorization to solicit private moneys; terms of
grants; reports; handling of moneys.
Each institution, and each dean and department chair within
each institution, may solicit moneys for the endowment of eminent
scholars pursuant to this article. All persons and institutions
engaged in soliciting moneys shall apprise the board of their
actions and provide periodic reports, at least once each fiscal
year, regarding the amounts secured and, upon receipt of any
moneys, shall forward them immediately to the board for deposit.