West Virginia Code 12-6E-8 – Role of the Investment Management Board; immunity from liability
The Investment Committee or the Mountaineer Impact Office may consult the Investment Management Board regarding their activities. To the extent the Investment Management Board determines that to do so is not inconsistent with its duties and responsibilities imposed by this code, it may consult with Investment Committee or the Mountaineer Impact Office regarding those activities. The Investment Management Board’s trustees, advisors, officers and employees are not liable personally, either jointly or severally, for any debt or obligation created by the Investment Committee or the Mountaineer Impact Office, nor shall the Investment Management Board or its trustees, advisors, officers or employees be liable for any consultative advice, guidance or services that it may provide from time to time under this article.
Terms Used In West Virginia Code 12-6E-8
- Investment Committee: means the committee established in §. See West Virginia Code 12-6E-1
- Investment Management Board: means the West Virginia Investment Management Board established under §. See West Virginia Code 12-6E-1
- Mountaineer Impact Office: means the agency and government instrumentality of the State of West Virginia established under §. See West Virginia Code 12-6E-1
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.