West Virginia Statutes
§ 12-1B-12 — Liability of public depositors
West Virginia·Ch. 12 PUBLIC MONEYS AND SECURITIES·Art. 1B WEST VIRGINIA SECURITY FOR PUBLIC DEPOSITS ACT
When deposits are made in accordance with this article, no official of a public depositor may be personally liable for any loss resulting from the default or insolvency of any designated state depository in the absence of negligence, malfeasance, misfeasance, or nonfeasance.
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Legislative History
2022 Reg. Sess., SB438
Nearby Sections
15
§ 12-1-1
Legislative findings and purpose§ 12-1-12c
Repealed. Acts, 2013 Reg. Sess., Ch. 179§ 12-1-12e
Investments by state colleges§ 12-1-1a
Definitions