West Virginia Statutes
§ 31A-9-5 — Requirements for special deposit
West Virginia § 31A-9-5
This text of West Virginia § 31A-9-5 (Requirements for special deposit) 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-9-5 (2026).
Text
A deposit is a special deposit if it is:
(1)A deposit of funds in a bank under an account agreement;
(2)For the benefit of at least two beneficiaries, one or more of which may be a depositor;
(3)Denominated in a medium of exchange that is currently authorized or adopted by a domestic or foreign government;
(4)For a permissible purpose stated in the account agreement; and
(5)Subject to a contingency.
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Legislative History
2025 Reg. Sess., SB561; 2024 Reg. Sess., SB470
Nearby Sections
15
§ 31A-1-1
Short title; objects and purposes§ 31A-1-2
Definitions§ 31A-1-4
Separability; repealer§ 31A-1-7
Acquisition, formation, or control§ 31A-2-10
Repealed. Acts, 1997 Reg. Sess., Ch. 96§ 31A-2-11
Repealed. Acts, 2005 Reg. Sess., Ch. 31§ 31A-2-15
Repealed. Acts, 1997 Reg. Sess., Ch. 96Cite This Page — Counsel Stack
Bluebook (online)
West Virginia § 31A-9-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31A/31A-9-5.