West Virginia Code 17-16A-4 – Transfer of powers, duties, functions, assets and liabilities of turnpike commission to parkways authority
(a) The duties, powers and functions of the West Virginia turnpike commission are hereby transferred to the parkways authority.
Terms Used In West Virginia Code 17-16A-4
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- authority: means the West Virginia Parkways Authority, or if the Parkways Authority is abolished, the board, body, commission or authority succeeding to the principal functions thereof or to whom the powers given by this article to the Parkways Authority shall be given by law. See West Virginia Code 17-16A-5
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Turnpike: means the West Virginia Turnpike or any other toll road in the state. See West Virginia Code 17-16A-5
(b) All obligations, indebtedness and other liabilities of, and all rights, assets and other property owned by or used in the administration of, the West Virginia turnpike commission as of June 1, 1989, and all personnel of said turnpike commission as of said date are hereby assumed by and transferred to the parkways authority, which is hereby constituted the successor in interest to said commission in all respects.
(c) All books, papers, maps, charts, plans, literature and other records in the possession of the West Virginia turnpike commission as of June 1, 1989, shall be delivered or turned over to the parkways authority.
(d) The unexpended balance of appropriations or other funds available for use of the West Virginia turnpike commission as of June 1, 1989, is hereby transferred to the parkways authority for the use of the parkways authority.