{"data":{"id":"us-wv/w.-va.-code-31-21-4","jurisdiction":"us-wv","citation":"W. Va. Code § 31-21-4","heading":"Purpose of article.","body":"The purpose of this article is to provide for the creation of a special purpose nonprofit corporation with a comprehensive mission to:\n(1) Assist the DEP in utilizing a voluntary land stewardship program for the long-term safeguarding of IEC Sites to ensure that the remedy remains protective of human health and the environment and to facilitate further economic development and reuse opportunities;\n(2) Provide the DEP and other parties with a reliable source of oversight, monitoring and information about IEC Sites under the voluntary land stewardship program;\n(3) Establish a land bank as a legal and financial mechanism to accept title to properties and assist in transforming idled and underutilized properties back to productive reuse;\n(4) Facilitate reuse and redevelopment by authorizing the conveyance of certain properties to a land bank under a voluntary land bank program and assist the state and local governments with the assembly and clearance of title to property in a coordinated manner;\n(5) Promote economic growth by implementing a state certified sites program to identify sites that are ready for construction within twelve months or less and that are certified \"project-ready\" for specific industry profiles as well as other categories of sites identified for economic development opportunities;\n(6) Provide voluntary programs on a fee or subscription basis with the nonprofit corporation to protect human health and the environment as well as assist with a variety of economic development efforts throughout the state; and\n(7) Prescribe the powers and duties of the nonprofit corporation; provide for the creation and appointment of a board to govern the nonprofit corporation and to prescribe its powers and duties; and to extend protections against certain environmental liabilities to the nonprofit corporation in order to protect it from liabilities created by third parties.","path":["CHAPTER 31. CORPORATIONS.","ARTICLE 21. WEST VIRGINIA LAND STEWARDSHIP CORPORATION."],"source_url":"https://code.wvlegislature.gov/31-21-4/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:27:53Z","sha256":"f1d648ba1fd70b926950e6bd8b7d625a8194a2513406ea05cc77faec2f8ade8a","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-31-21-3","next":"us-wv/w.-va.-code-31-21-5"},"notice":"GroundRules: Original legal text. Not legal advice."}