{"data":{"id":"us-wv/w.-va.-code-8-22-11a","jurisdiction":"us-wv","citation":"W. Va. Code § 8-22-11a","heading":"Restrictions on investment.","body":"Moneys invested as permitted by §8-22-11 of this code are subject to the restrictions and conditions contained in this section:\n(1) At no time may more than 75 percent of the portfolio of either fund be invested in securities described in §8-22-11(7) of this code;\n(2) At no time may more than 20 percent of the portfolio of either fund be invested in securities described in §8-22-11(7) of this code which mature within one year from the date of issuance thereof;\n(3) At no time may more than nine percent of the portfolio be invested in securities issued by a single private corporation or association; and\n(4) At no time may more than 60 percent of the portfolio be invested in equity mutual funds under §8-22-11(10) of this code.","path":["CHAPTER 8. MUNICIPAL CORPORATIONS.","ARTICLE 22. RETIREMENT BENEFITS GENERALLY; POLICEMEN\\'S PENSION AND RELIEF FUND; FIREMEN\\'S PENSION AND RELIEF FUND; PENSION PLANS FOR EMPLOYEES OF WATERWORKS SYSTEM, SEWERAGE SYSTEM OR COMBINED WATERWORKS AND SEWERAGE SYSTEM."],"source_url":"https://code.wvlegislature.gov/8-22-11A/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:20:57Z","sha256":"460f7e884acd87a462da7baa233eebcfa7d1f6307e9882483be3d8f1eb660a85","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-8-22-11","next":"us-wv/w.-va.-code-8-22-12"},"notice":"GroundRules: Original legal text. Not legal advice."}
