§5B-2G-5. West Virginia Outdoor Heritage Conservation Fund - Powers


Published: 2015

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WEST VIRGINIA CODE











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WVC 5 B- 2 G- 5

§5B-2G-5. West Virginia Outdoor Heritage Conservation Fund -

Powers.

The board has the following general powers on behalf of the

fund:

(a) Power to sue. -- To sue and be sued in contractual matters

in its own name.

(b) Power to contract. -- To enter into contracts generally

and to execute all instruments necessary or appropriate to carry

out its purposes.

(c) Power to conserve land. -- To acquire interests in real

property for conservation purposes.

(d) Power to transfer. -- To transfer interests in real

property for conservation purposes.

(e) Power to disburse grants. -- To act as a granting

authority to award grants to eligible grant recipients in

accordance with section nine of this article.

(f) Power to seek funding. -- To apply for and receive funding

from any and all state, federal and private sources to be used as

provided in this chapter.

(g) Power to authorize bond issuance. -- To direct the

Economic Development Authority to issue revenue bonds payable from

the portion of the recording fee imposed in section ten, article

one, chapter fifty-nine of this code to be allocated to the fund

and any other special revenue made against to the fund for this

purpose in accordance with section eight of this article or other provisions of this code.





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.