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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 § 8-16-22: Statutory mortgage lien upon works created.

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Where this section sits in the code
  1. CHAPTER 8. MUNICIPAL CORPORATIONS.
  2. ARTICLE 16. MUNICIPAL PUBLIC WORKS; REVENUE BOND FINANCING.
  3. PART IX. LIENS AND PROTECTION OF BONDHOLDERS.

There shall be and there is hereby created and granted a statutory mortgage lien upon such municipal public works constructed, reconstructed, established, acquired, improved, renovated, extended, enlarged, increased, equipped or repaired (including replacements) under the provisions of this article, which shall exist in favor of the holder of said bonds, and each of them, and to and in favor of the holder of the coupons attached to said bonds, and such municipal public works shall remain subject to such statutory mortgage lien until payment in full of the principal of and interest upon said bonds.

Collected 2026-09-06T00:20:54Z. Source file · JSON

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