West Virginia § 31A-5-5 Regulation and examination of performance of bank services

West Virginia Statutes

§ 31A-5-5 — Regulation and examination of performance of bank services

West Virginia § 31A-5-5

Ch. 31ABANKS AND BANKING

Art. 5BANK SERVICE CORPORATIONS AND BANK SERVICES

This text of West Virginia § 31A-5-5 (Regulation and examination of performance of bank services) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 31A-5-5 (2026).

Text

No state bank may cause to be performed, by contract or otherwise, any bank services for itself, whether on or off its premises, unless written assurances satisfactory to the commissioner of banking are furnished to him by both the state bank and the party performing such services that the performance thereof will be subject to regulation and examination by the commissioner and any federal supervisory agency to the same extent as if such services were being performed by the state bank on its own premises.

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No state bank may cause to be performed, by contract or otherwise, any bank services for itself, whether on or off its premises, unless written assurances satisfactory to the commissioner of banking are furnished to him by both the state bank and the party performing such services that the performance thereof will be subject to regulation and examination by the commissioner and any federal supervisory agency to the same extent as if such services were being performed by the state bank on its own premises.