W. Va. Code R. § 53-1-7 - Amendment of Fee Schedule

7.1. The Authority may amend the fee schedule by the affirmative vote of a majority of the Board members and any such amendment shall be binding and applicable to all issues outstanding at the time of the effective date of the change and to all subsequent issues.

7.1.1. In no event may the annual fees imposed and payable pursuant to this rule exceed an applicant's proportionate share of the projected operating expenses of the Authority for the year of assessment.

7.1.2. In no event may the annual fee imposed and payable pursuant to the provisions of this rule exceed 1/20th of 1% of the bonds outstanding for a particular issue.

Notes

W. Va. Code R. § 53-1-7