W. Va. Code R. § 145-6-10

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

Section 145-6-10 - Ineligible Activities

10.1. The Council shall not recommend Infrastructure Fund financing for the following:

10.1.1. Working capital;

10.1.2. Relocation of a company from one West Virginia location to another, unless for the purpose of expansion due to site limitations;

10.1.3. To refinance existing debt; and

10.1.4. Speculative loans to for-profit sponsor.

W. Va. Code R. § 145-6-10