17-3A-1 Industrial Access Road Fund created; construction guarantees by municipalities and counties
17-3A-2 Division of highways to determine construction of industrial access roads
17-3A-3 Industrial access roads to be part of state road system
17-3A-4 Restrictions on use of fund
17-3A-5 Disbursements from fund
17-3A-6 Annual audit to be made of receipts and expenditures of fund

Terms Used In West Virginia Code > Chapter 17 > Article 3A - Industrial Access Road Fund

  • 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.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
  • 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