yourstate.us
W. Va. Code § 8-19-7

Bonds payable solely from revenues; not to constitute municipal or county indebtedness

West Virginia · West Virginia Code Chapter 8 — Municipal Corporations · Status: effective

Get this as JSONEmbed this
Cite this
Citation
W. Va. Code § 8-19-7, Bonds payable solely from revenues; not to constitute municipal or county indebtedness, West Virginia, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2361350
Permanent ID
ys:prov:2361350@1
SHA-256
8a70e302976447d00a8a80dfb85086a67f7fc16edbc999fe0ab02d87254e3bd2

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Bonds issued under the provisions of this article shall be payable solely from the revenues derived from such waterworks or electric power system, and such bonds shall not in any event constitute an indebtedness of such municipality or county within the meaning of any Constitutional or statutory provision or limitation, and it shall be plainly stated on the face of each bond that the same has been issued under the provisions of this article, and that it does not constitute an indebtedness of such municipality or county within Constitutional or statutory provision or limitation. Subject to the provisions of subsection (b), section twelve of this article, the ordinance or order authorizing the issuance of the bonds may contain such covenants and restrictions upon the issuance of additional revenue bonds thereafter as may be considered necessary or advisable for the assurance of payment of the bonds thereby authorized and as may thereafter be issued.