13-2F-1 How article cited
13-2F-2 Purposes; article governs over charter provisions
13-2F-3 Definitions
13-2F-4 Authority to issue public obligations in registered and book entry forms
13-2F-5 Powers of official registrar; designee
13-2F-6 Confidentiality
13-2F-7 Application to public obligations approved by voters

Terms Used In West Virginia Code > Chapter 13 > Article 2F - Public Obligations Registration Act

  • Contract: A legal written agreement that becomes binding when signed.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • 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.
  • Town: includes a city, village or town, and the word "council" any body or board, whether composed of one or more branches, which is authorized to make ordinances for the government of a city, town, or village. See West Virginia Code 2-2-10