West Virginia Code > Chapter 18 > Article 25 – Tax Deferred Investments for Teachers and Other Employees
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| 18-25-1 | Authority to make tax deferred investments for teachers and other employees |
Terms Used In West Virginia Code > Chapter 18 > Article 25 - Tax Deferred Investments for Teachers and Other Employees
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- board: means a county board of education. See West Virginia Code 18-1-1
- Contract: A legal written agreement that becomes binding when signed.
- 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
- Teacher: means a teacher, supervisor, principal, superintendent, public school librarian or any other person regularly employed for instructional purposes in a public school in this state. See West Virginia Code 18-1-1