WVC 18 - 9 D- 4 A
§18-9D-4a. Savings from issuance of refunding bonds.
Any aggregate savings resulting from the issuance of refunding
bonds pursuant to section four of this article shall be retained by
the school building authority. Any savings shall be utilized
solely for the construction and maintenance of schools and may not
be used to fund administrative costs of the authority.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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