West Virginia Statutes

§ 31A-9-8 — Property interest of depositor or beneficiary

West Virginia·Ch. 31A BANKS AND BANKING·Art. 9 THE UNIFORM SPECIAL DEPOSITS ACT
(a)Neither a depositor nor a beneficiary has a property interest in a special deposit.
(b)Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. Any property interest under this subsection is determined under other law.

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Legislative History

2025 Reg. Sess., SB561; 2024 Reg. Sess., SB470

Nearby Sections

15
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