West Virginia Statutes

§ 31A-7-8 — Voluntary liquidation by financial institution

West Virginia § 31A-7-8
JurisdictionWest Virginia
Ch. 31ABANKS AND BANKING
Art. 7REGULATION OF FAILING FINANCIAL INSTITUTIONS

This text of West Virginia § 31A-7-8 (Voluntary liquidation by financial institution) 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-7-8 (2026).

Text

Any financial institution may, after thirty days' notice to the commissioner, cease to transact business and go into voluntary liquidation and convert its assets into money and pay the money to the persons entitled thereto.

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Legislative History

1981 Reg. Sess., HB1658

Nearby Sections

15
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Bluebook (online)
West Virginia § 31A-7-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31A/31A-7-8.