WVC 18 - 11 E- 2
§18-11E-2. Trustee for bondholders or noteholders; contents of
In the discretion of the board, any bonds, refunding bonds
or notes issued by the board may be secured by a trust agreement
between the board and a corporate trustee, which trustee may be
any trust company or banking institution having the powers of a
trust company within or without the state. Any such trust
agreement may contain provisions as set forth in section one of
this article with respect to the resolution. All expenses
incurred in carrying out such agreement may be treated as a part
of the cost of constructing, reconstructing, remodeling,
repairing, improving, extending, equipping or furnishing the
football stadium or other athletic facility at Marshall
University affected by such agreement.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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