{"data":{"id":"us-wv/w.-va.-code-7-5a-5","jurisdiction":"us-wv","citation":"W. Va. Code § 7-5A-5","heading":"Creation of sinking fund; loan may be repaid after five years.","body":"The said county courts shall set apart a sufficient amount from the taxes, levied and collected annually, to create a sinking fund for the repayment of the aforesaid loan on the basis of five percent of the principal plus the interest thereon annually. Any county court, after a period of five years from the date of said loan, if it has sufficient funds on hand, may pay off and discharge the whole amount of the money so borrowed.","path":["CHAPTER 7. COUNTY COMMISSIONS AND OFFICERS.","ARTICLE 5A. LOANS FROM GOVERNMENTAL AGENCIES TO LIQUIDATE CERTAIN INDEBTEDNESS."],"source_url":"https://code.wvlegislature.gov/7-5A-5/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:20:25Z","sha256":"2c9655f823085a4bbd66be46044cdb9ddcdadb1dfa2c37e3b94d015651caf190","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-7-5a-4","next":"us-wv/w.-va.-code-7-5b-1"},"notice":"GroundRules: Original legal text. Not legal advice."}