W. Va. Code R. § 112-19-9

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 112-19-9 - Contracts and Accounts

9.1. Any member of the Board is authorized to receive on behalf of the Board any moneys due and payable to the Board from any source whatsoever.

9.2. The Board may authorize the Chair or its officers or agents to enter into any contract or execute and deliver any instrument in the name of and on behalf of the Board. A contract, agreement, or purchase required in the normal course of business in the total amount of $25,000.00 or less does not require board approval.

9.3. In selecting vendors to provide goods and services to the Board, the Board shall follow the West Virginia State Treasurer's Office purchasing procedures set forth in W. Va. C.S.R. § 112-17-1et seq.

W. Va. Code R. § 112-19-9