West Virginia Code 7-12-6 – Authority to be a public corporation
Current as of: 2023 | Check for updates
|
Other versions
The authority and the members thereof shall constitute and be a public corporation under the name provided for in section one, and as such shall have perpetual succession, may contract and be contracted with, sue and be sued, plead and be pleaded, and have and use a common seal.
Terms Used In West Virginia Code 7-12-6
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.