WEST VIRGINIA CODE
§5B-2-11. Public private partnerships.
(a) The commission is authorized to enter into contractual or
joint venture agreements with a nonprofit corporation organized
pursuant to the corporate laws of the state, organized to permit
qualification pursuant to Section 501(c) of the Internal Revenue
Code and organized for purposes of the promotion and development of
tourism in West Virginia, and funded from sources other than the
state. Members of the commission are authorized to sit on the
board of directors of the private nonprofit corporation.
(b) From time to time the commission may enter into joint
ventures wherein the West Virginia development office and the
nonprofit corporation share in the development and funding of
tourism promotion or development programs.
(c) All contracts and joint venture agreements must be
approved by recorded vote of the commission. Contracts entered
into pursuant to this section for longer than one fiscal year shall
contain, in substance, a provision that the contract shall be
considered canceled without further obligation on the part of the
state if the Legislature or, where appropriate, the federal
government shall fail to appropriate sufficient funds therefor or
shall act to impair the contract or cause it to be canceled.
Note: WV Code updated with legislation passed through the 2015 Regular Session
The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.