CHAPTER 12. PUBLIC MONEYS AND SECURITIES.

§12-7-8. Funding.

Effective July 1, 1992, the West Virginia Housing Development Fund shall make available for the use of the board $10 million as and when requested in accordance with the provisions of section twenty-c, article eighteen, chapter thirty-one of this code. The funds shall be transferred to and held in a separate account at the Housing Development Fund for the trust until a disbursement of such funds is directed by the board. No more than $8 million may be invested in qualified investments in the fiscal year 1993.