West Virginia Statutes
§ 31C-9-1 — Investment and deposit of funds
West Virginia § 31C-9-1
This text of West Virginia § 31C-9-1 (Investment and deposit of funds) 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 § 31C-9-1 (2026).
Text
(a)The credit union's board of directors shall have charge of the investment of funds, except that they may designate an investment committee or investment officer to make investments in its behalf, under written investment policies established by the credit union's board.
(b)The credit union's board of directors shall designate a depository or depositories for the funds of the credit union.
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Legislative History
1996 Reg. Sess., HB4527
Nearby Sections
15
§ 31C-1-1
Definitions§ 31C-1-3
Powers of commissioner§ 31C-1-4
Suspension; involuntary liquidation§ 31C-1-5
Examinations§ 31C-1-6
Records§ 31C-1-7
Reports§ 31C-1-8
Assessments§ 31C-10-1
Voluntary liquidation§ 31C-10-2
Merger of credit unions§ 31C-10-3
Conversion§ 31C-11-1
Incorporation§ 31C-11-10
Reserves§ 31C-11-11
Annual audit§ 31C-11-12
Securities exemptionCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 31C-9-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31C/31C-9-1.