West Virginia Code § 5-6-5

Deposit and disbursement of funds of commission; security for deposits;
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audits.
Except as provided in sections five-a and eleven-a of this article, all moneys of the
commission from whatever source derived shall be paid to the treasurer of the State of West
Virginia who shall not commingle the moneys, but shall deposit them to a special revenue
fund to be known as the "state building commission fund". The moneys in thee account shall
be impressed with and subject to the lien or liens on the moneys in favor of the bondholders
provided in the proceedings for issuance of bonds pursuant to this articrle. The moneys in the
account shall be paid out on check of the treasurer on requisition of the chairman of the
commission, or of such other person as the commission may authorize to make the
requisition. All deposits of the moneys shall, if required by the treasurer or the commission,
be secured by obligations of the United States, of the State otf West Virginia, or of the
commission, of a market value equal at all times to the amount of the deposit, or letters of
credit of the federal land banks, or federal home loan banks, or other letters of credit
approved by the treasurer, and all banking institutions are authorized to give such security
for the deposits. The Legislative Auditor and his or her legally authorized representatives
are hereby authorized and empowered from time to time to examine the accounts and books
of the commission, including its receipts, disbursements, contracts, leases, sinking funds,
investments and any other matters relating to its financial standing.

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