West Virginia Code > Chapter 29 > Article 18 West Virginia Code > Chapter 29 > Article 18 – West Virginia State Rail Authority Current as of: 2023 | Check for updates | Other versions 29-18-1 Short title 29-18-2 Declaration of policy and responsibility; purpose and intent of article; findings 29-18-3 Definitions 29-18-4 West Virginia state rail authority continued; organization of authority; appointment of members; term of office, compensation and expenses; director of authority; termination date 29-18-4a Supervision of West Virginia State Rail Authority; executive director’s compensation 29-18-5 Authority may construct, maintain, etc., railroad maintenance projects 29-18-6 Powers, duties and responsibilities of authority generally 29-18-7 Operations; purchases 29-18-8 Creation of railroad maintenance authority fund 29-18-9 Expenditure of funds for study and engineering of proposed projects 29-18-10 Authority empowered to issue bonds, renewal notes and refunding bonds; requirements and manner of such issuance 29-18-11 Trustee for bondholders; contents of trust agreement 29-18-12 Legal remedies of bondholders and trustees 29-18-13 Bonds and notes not debt of state, county, municipality or of any political subdivision; expenses incurred pursuant to article 29-18-14 Use of funds by authority; restrictions thereon 29-18-15 Investment of funds by authority 29-18-16 Rentals and other revenues from railroad projects; contracts and leases of authority; cooperation of other governmental agencies; bonds of such agencies 29-18-17 Maintenance, operation and repair of projects; reports by authority to Governor and Legislature 29-18-18 Railroad maintenance bonds lawful investments 29-18-19 Exemption from taxation 29-18-20 Acquisition of property by authority; governmental agencies authorized to convey, etc., property 29-18-21 Property of public utilities and common carriers 29-18-22 Financial interest in contracts prohibited; penalty 29-18-23 Meetings and records of authority to be kept public 29-18-24 Creation of the West Virginia Commuter Rail Access Fund 29-18-25 State rail plan required Ask a legal question, get an answer ASAP!Click here to chat with a lawyer about your rights.