West Virginia Code 18B-12-8 – Not obligation of the state
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Obligations of a corporation shall not constitute debts or obligations of a state institution of higher education, the governing board thereof or the state.
Terms Used In West Virginia Code 18B-12-8
- 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
- State institution of higher education: means any university, college, or community and technical college under the jurisdiction of a governing board as that term is defined in this section. See West Virginia Code 18B-1-2