WVC 16 - 29 A- 10
§16-29A-10. Security for bonds and notes.
A resolution authorizing the issuance of bonds or notes
under this article may provide that the principal of an interest
on the bonds or notes issued shall be secured by a lien on any or
all of the fees and charges made or received, or to be received,
by the authority from the hospital in connection with the
hospital loan, on any or all of the money received in payment of
the hospital loan and interest on the hospital loan, on any or
all of investment earnings or profits on any of these sources or
on any or all of the security held for that payment, and on other
funds or assets of the authority pledged for such purpose.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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