18-11E-1 Definition of board; cost of construction, reconstructing, remodeling, repairing, improving, extending, equipping or furnishing the football stadium or other athletic facilities of Marshall University to be financed by revenue bonds or notes
18-11E-2 Trustee for bondholders or noteholders; contents of trust agreement
18-11E-3 Payment of principal of and premium, if any, and interest on bonds and notes from all or any portion of the moneys derived from admission fees to athletic contests at Marshall University; approval of director of athletics
18-11E-4 Enforcement of payment and validity of bonds and notes
18-11E-5 Pledges; time; liens; recordation
18-11E-6 Refunding bonds
18-11E-7 Purchase and cancellation of bonds or notes
18-11E-8 Federal and private assistance
18-11E-9 Vested rights; impairment
18-11E-10 Bonds and notes not debt of state, county, municipality or any political subdivision; expenses incurred pursuant to article
18-11E-11 Negotiability of bonds and notes
18-11E-12 Bonds and notes legal investments
18-11E-13 Exemption from taxation
18-11E-14 Article regarded as supplementary
18-11E-15 Liberal construction

Terms Used In West Virginia Code > Chapter 18 > Article 11E - Revenue Bonds for Marshall University Athletic Facilities

  • board: when used in this article, means the West Virginia board of regents. See West Virginia Code 18-11E-1
  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC