West Virginia § 33-10-31 Report for assessment against members or subscribers of mutual or reciprocal insurers

West Virginia Statutes

§ 33-10-31 — Report for assessment against members or subscribers of mutual or reciprocal insurers

West Virginia § 33-10-31

Ch. 33Â INSURANCE

Art. 10REHABILITATION AND LIQUIDATION

This text of West Virginia § 33-10-31 (Report for assessment against members or subscribers of mutual or reciprocal insurers) 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 § 33-10-31 (2026).

Text

Within three years from the date an order of rehabilitation or liquidation of a domestic mutual insurer or a domestic reciprocal insurer was entered in the office of the clerk of the court by which such order was made, the commissioner may make a report to the court setting forth:

(a)The reasonable value of the assets of the insurer,

(b)The insurer's probable liabilities, and

(c)The probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.

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Within three years from the date an order of rehabilitation or liquidation of a domestic mutual insurer or a domestic reciprocal insurer was entered in the office of the clerk of the court by which such order was made, the commissioner may make a report to the court setting forth:

(a) The reasonable value of the assets of the insurer,

(b) The insurer's probable liabilities, and

(c) The probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.