West Virginia § 12-7-3 - 12-7-3. Definitions.
Full text of West Virginia West Virginia Code § 12-7-3 — 12-7-3. Definitions., with citation guidance and answers to common questions.
§ 12-7-3. 12-7-3. Definitions.
For purposes of this article:
(a) “Board” means the West Virginia Economic Development Authority, established pursuant to §31-15-1 et seq . of this code.
(b) “Eligible business” means any business, including, but not limited to, a business licensed or seeking licensure by the small business administration as a small business investment company under the Small Business Investment Act, which is qualified to do business in West Virginia and is in good standing with all applicable laws affecting the conduct of such business.
(c) “Non-incentive tax credits” means the non-incentive tax credits issued by the state to the Jobs Investment Trust Board and authorized for sale and transfer by the jobs investment trust board pursuant to §12-7-8a of this code.
(d) “Securities” means all bonds, notes, stocks, units of ownership, debentures, or any other form of negotiable or nonnegotiable evidence of indebtedness or ownership.
Frequently Asked Questions About West Virginia § 12-7-3
What does West Virginia Code § 12-7-3 cover?
Section 12-7-3 ("12-7-3. Definitions.") is part of the West Virginia Code, the codified statutory law of West Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite West Virginia § 12-7-3?
A common citation format is "West Virginia Code § 12-7-3" (West Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of West Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the West Virginia official source linked on this page or consult a licensed West Virginia attorney.
How does West Virginia § 12-7-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in West Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in West Virginia.