There is a newer version of the West Virginia Code
2015 West Virginia Code
CHAPTER 13. PUBLIC BONDED INDEBTEDNESS
ARTICLE 2G. STATE REFUNDING BOND ACT.
§13-2G-13. Issuance without election or creation of a new debt.
WV Code § 13-2G-13 (2015) What's This?
The issuance, sale or exchange of bonds authorized in this article may be had without an election and shall not be deemed to create a new debt as long as provision has been made to pay the principal of, premium, if any, and interest on the bonds to be refunded as provided in section seven of this article.
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