West Virginia § 7-27-15 - 7-27-15. Cash basis projects; issuance of road construction special revenue bonds by West Virginia Economic Development Authority.
Full text of West Virginia West Virginia Code § 7-27-15 — 7-27-15. Cash basis projects; issuance of road construction special revenue bonds by West Virginia Economic Development Authority., with citation guidance and answers to common questions.
§ 7-27-15. 7-27-15. Cash basis projects; issuance of road construction special revenue bonds by West Virginia Economic Development Authority.
(a) Cash basis projects. – Each county commission that has a subaccount in the County Road Improvement Account established pursuant to this article may, in its discretion and pursuant to an intergovernmental written agreement with the county commission, authorize the Commissioner of Highways to use the moneys in its subaccount to finance the costs of road construction projects in the county on a cash basis.
(b) Special revenue bonds. – The county commission may, by intergovernmental written agreement, authorize the West Virginia Economic Development Authority to issue, in the manner prescribed by this article, special revenue bonds secured by county transportation sales and use taxes imposed pursuant to this article to finance or refinance all or part of a road construction project in the county and pledge all or any part of the county transportation sales and use taxes for the payment of the principal of and interest on such bonds and the reserves therefor.
Source: official West Virginia text · Last verified 2026-08-27
Frequently Asked Questions About West Virginia § 7-27-15
What does West Virginia Code § 7-27-15 cover?
Section 7-27-15 ("7-27-15. Cash basis projects; issuance of road construction special revenue bonds by West Virginia Economic Development Authority.") 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 § 7-27-15?
A common citation format is "West Virginia Code § 7-27-15" (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 § 7-27-15 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.