West Virginia Code 18-30A-7 – Powers and duties of the Treasurer
(a) In order to implement and administer the program, the Treasurer shall:
Terms Used In West Virginia Code 18-30A-7
- board: means the Board of Trustees of the West Virginia College and Jumpstart Savings Programs created in §. See West Virginia Code 18-30A-3
- Contract: A legal written agreement that becomes binding when signed.
- program: refers to the Jumpstart Savings Program established by this article. See West Virginia Code 18-30A-3
- 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
- Treasurer: refers to the West Virginia State Treasurer or his or her designee. See West Virginia Code 18-30A-3
(1) Provide support staff and office space for the board;
(2) Establish and monitor, at the direction of the board, the methods and processes by which the funds held in accounts are deposited and distributed;
(3) Charge and collect any necessary administrative fees, penalties, and service charges in connection with any agreement, contract, or transaction relating to the program;
(4) Develop marketing plans and promotional material to ensure that potential program beneficiaries will be aware of the program and the advantages the program offers; and
(5) Present the annual evaluations and reports required by § 18-30A-13 of this code at any meeting or proceeding of the Legislature or the Office of the Governor upon request.
(b) In order to implement and administer the program, the Treasurer may:
(1) Collect all necessary information from program account holders and beneficiaries;
(2) Create forms necessary for implementation of the program;
(3) Propose legislative rules for legislative approval, in accordance with the provisions of § 29A-3-1 et seq. of this code, that are necessary to effectuate the provisions and purposes of this article; and
(4) Perform all other lawful actions necessary to effectuate the provisions of this article, subject to applicable state and federal law.