WVC 16 - 13 - 12
§16-13-12. Additional bonds for extension, etc., of works to have
equal priority with original bonds.
The governing body may provide by said ordinance authorizing
the issuance of the bonds or in the trust indenture hereinafter
referred to, that additional bonds may thereafter be authorized
and issued, at one time or from time to time, under such
limitations and restrictions as may be set forth in said
ordinance and/or trust indenture, for the purpose of extending,
improving or bettering the works when deemed necessary in the
public interest, such additional bonds to be secured and be
payable from the revenues of the works equally with all other
bonds issued pursuant to said ordinance without preference or
distinction between any one bond and any other bond by reason of
priority of issuance or otherwise.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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