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West Virginia · Through as of 2026-08-03; contains at least the enactments of the 2026 Regular Session · Newer source version available

W. Va. Code § 16-13-22d: Subordination of bonds.

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Where this section sits in the code
  1. CHAPTER 16. PUBLIC HEALTH.
  2. ARTICLE 13. SEWAGE WORKS AND STORMWATER WORKS.

Notwithstanding any other provisions to the contrary in this article, any municipality authorizing the issuance of bonds under this article in an effort to aid in the abatement or reduction of the pollution of any waters or streams may provide in the ordinance authorizing the issuance of the bonds and in any trust indenture pertaining thereto that such bonds, or any additional bonds that may thereafter be issued to extend or improve the works, shall, to the extent and in the manner prescribed, be subordinated and be junior in standing, with respect to the payment of principal and interest and the security thereof, to such other bonds as are designated in the ordinance.

Collected 2026-09-06T00:23:30Z. Source file · JSON

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