West Virginia Statutes

§ 33-3-10 — Mandatory refusal, revocation or suspension

West Virginia·Ch. 33  INSURANCE·Art. 3 LICENSING, FEES AND TAXATION OF INSURERS

The commissioner after notice and hearing shall refuse to renew or shall revoke or suspend the license of any insurer:

(a)If such action is required by any provision of this chapter;
(b)If the insurer no longer meets the requirements for the license originally granted, because of deficiency of assets or otherwise.

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Legislative History

1957 Reg. Sess., HB126

Nearby Sections

15
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