There is a newer version of the West Virginia Code
2010 West Virginia Code
CHAPTER 13. PUBLIC BONDED INDEBTEDNESS
ARTICLE 1. BOND ISSUES FOR ORIGINAL INDEBTEDNESS.
§13-1-22. Purposes for which proceeds to be used; purchaser need not see to application thereof.
§13-1-22. Purposes for which proceeds to be used; purchaser need
not see to application thereof. The proceeds derived from the sale of any bonds shall be used only for the purpose or purposes for which the bonds were issued as set out in the order or ordinance submitting the question to vote, but the purchaser of the bonds shall not be obliged to see to the application thereof.
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