There is a newer version of the West Virginia Code
2010 West Virginia Code
CHAPTER 8. MUNICIPAL CORPORATIONS
ARTICLE 37. MUNICIPAL FINANCIAL STABILIZATION FUND ACT.
§8-37-4. Fund investment; usage.
§8-37-4. Fund investment; usage.(a) The governing body may invest the money in the fund as it considers appropriate, with the earnings retained by the fund.
(b) The governing body may appropriate money in the financial stabilization fund upon a majority vote for the following purposes:
(1) To cover a general fund shortfall; or
(2) Any other purpose the municipality considers appropriate.
Disclaimer: These codes may not be the most recent version. West Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
