West Virginia Statutes
§ 33-21-23 — Advancement and repayment of funds
West Virginia § 33-21-23
This text of West Virginia § 33-21-23 (Advancement and repayment 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 § 33-21-23 (2026).
Text
The attorney or other parties may advance to a reciprocal insurer upon reasonable terms such funds as it may require from time to time in its operations. Sums so advanced shall not be treated as a liability of the insurer, and, except upon liquidation of the insurer, shall not be withdrawn or repaid except out of the insurer's realized earned surplus in excess of its minimum required surplus.
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Legislative History
1957 Reg. Sess., HB126
Nearby Sections
15
§ 33-1-1
Insurance§ 33-1-10
Kinds of insurance defined§ 33-1-11
Reinsurance§ 33-1-12
Agent§ 33-1-13
Solicitor§ 33-1-14
Broker§ 33-1-15
Reciprocal insurance§ 33-1-16
Policy§ 33-1-17
Premium§ 33-1-18
Stock insurer§ 33-1-19
Mutual insurer§ 33-1-2
Insurer§ 33-1-21
Emergency servicesCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 33-21-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/33/33-21-23.