GroundRules
← Search the law
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 § 7-11B-23: Tax increment financing obligations -– security -– marketability.

Read at publisher ↗
Where this section sits in the code
  1. CHAPTER 7. COUNTY COMMISSIONS AND OFFICERS.
  2. ARTICLE 11B. WEST VIRGINIA TAX INCREMENT FINANCING ACT.

To increase the security and marketability of tax increment financing obligations, the county commission or municipality issuing the obligations may:

(1) Create a lien for the benefit of the holders of the obligations upon any capital improvements, facilities or both financed by the obligations; or

(2) Make such covenants and do any and all such actions, not inconsistent with the Constitution of this state, which may be necessary, convenient or desirable in order to additionally secure the obligations or which tend to make the obligations more marketable according to the best judgment of the county commission or municipality issuing the tax increment financing obligations.

Collected 2026-09-06T00:20:30Z. Source file · JSON

Browse this collection