West Virginia Code 5B-2G-5 – West Virginia Outdoor Heritage Conservation Fund – Powers
The board has the following general powers on behalf of the fund:
Terms Used In West Virginia Code 5B-2G-5
- Contract: A legal written agreement that becomes binding when signed.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- real property: include lands, tenements and hereditaments, all rights thereto and interests therein, except chattel interests. See West Virginia Code 2-2-10
- State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10
(a) Power to sue. — To sue and be sued in contractual matters in its own name.
(b) Power to contract. — To enter into contracts generally and to execute all instruments necessary or appropriate to carry out its purposes.
(c) Power to conserve land. — To acquire interests in real property for conservation purposes.
(d) Power to transfer. — To transfer interests in real property for conservation purposes.
(e) Power to disburse grants. — To act as a granting authority to award grants to eligible grant recipients in accordance with section nine of this article.
(f) Power to seek funding. — To apply for and receive funding from any and all state, federal and private sources to be used as provided in this chapter.
(g) Power to authorize bond issuance. — To direct the Economic Development Authority to issue revenue bonds payable from the portion of the recording fee imposed in section ten, article one, chapter fifty-nine of this code to be allocated to the fund and any other special revenue made against to the fund for this purpose in accordance with section eight of this article or other provisions of this code.