West Virginia Statutes

§ 33-3-9 — Refusal to license

West Virginia·Ch. 33  INSURANCE·Art. 3 LICENSING, FEES AND TAXATION OF INSURERS
The commissioner may refuse to license an insurer when he determines that an insurer has not complied with the laws of this state or that it is not in the best interest of the people of this state that such insurer be licensed or that such insurer would transact business in this state in an improper, illegal or unjust manner. In such event the commissioner shall enter an order refusing such license, and the applicant therefor may demand a hearing in the manner provided in article two of this chapter.

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Legislative History

1957 Reg. Sess., HB126

Nearby Sections

15
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