West Virginia Code Section 31-18-22

CHAPTER 31. CORPORATIONS.

ARTICLE 18. WEST VIRGINIA HOUSING DEVELOPMENT FUND.

§31-18-22. Termination or dissolution.

Upon the termination or dissolution, all rights and properties of the Housing Development Fund, including the Operating Loan Fund, the Land Development Fund, the Mortgage Finance Bond Insurance Fund, and the Affordable Housing Fund, shall pass to and be vested in the State of West Virginia, subject to the rights of bondholders, lienholders, and other creditors.

Previous§31-18-21. Prohibition on funds inuring to the benefit of or being distributable to directors, officers or private persons; transactions between the Housing Development Fund and directors or officers having certain interests in such transactions.

§31-18-22. Termination or dissolution.

Next§31-18-23. Services to the State of West Virginia and its political subdivisions.

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West Virginia Code

CHAPTER 31. CORPORATIONS.

§31-18-22. Termination or dissolution.

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Bill History For §31-18-22

Signed Bills For §31-18-22