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§ 5-10-40 — West Virginia Law | CourtGPT
  1. Home/
  2. Laws/
  3. West Virginia/
  4. Chapter 5 - General Powers and Authority of the Governor, Secretary of State and Attorney General; Board of Public Works; Miscellaneous Agencies, Commissions, Offices, Programs, Etc/
  5. Article 10 - West Virginia Public Employees Retirement Act§5-10-1. Short Title/
  6. § 5-10-40
West Virginia Legal Code

§ 5-10-40

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The moneys, investments and all other assets of the retirement system shall be used for the sole purpose of meeting the disbursements for annuities and other payments authorized by this article, and shall be used for no other purpose whatsoever.

The moneys, investments and all other assets of the retirement system shall be used for the sole purpose of meeting the disbursements for annuities and other payments authorized by this article, and shall be used for no other purpose whatsoever.