West Virginia HB4862 mandates cooperation between public service district boards and county commissions during the sale of district assets.
West Virginia HB4862 requires the board of a public service district to work with a county commission when selling, leasing, or renting district assets. This applies when the district is being dissolved, sold, or merged with another public service district. The board must execute necessary documents for asset transfer. Proceeds from asset sales, after settling district obligations, are distributed to contributors and the county commission.
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