West Virginia Statutes

§ 33-21-3 — Kinds of insurance

West Virginia § 33-21-3
JurisdictionWest Virginia
Ch. 33 INSURANCE
Art. 21RECIPROCAL INSURERS

This text of West Virginia § 33-21-3 (Kinds of insurance) 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 § 33-21-3 (2026).

Text

A reciprocal insurer, upon being licensed therefor as provided in this article, when possessed of and maintaining on deposit surplus funds equal to the minimum capital required of a stock insurer to transact like kinds of insurance, may transact fire, marine, casualty or surety insurance, and may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance it is licensed to transact direct. No reciprocal insurer shall be licensed to transact, nor shall any reciprocal insurer transact, life or accident and sickness insurance.

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Legislative History

1957 Reg. Sess., HB126

Nearby Sections

15
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Bluebook (online)
West Virginia § 33-21-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/33/33-21-3.