West Virginia Statutes

§ 33-31-18 — Rules for controlled unaffiliated business

West Virginia § 33-31-18
JurisdictionWest Virginia
Ch. 33 INSURANCE
Art. 31CAPTIVE INSURANCE

This text of West Virginia § 33-31-18 (Rules for controlled unaffiliated business) 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 § 33-31-18 (2026).

Text

The commissioner may adopt rules establishing standards to ensure that a parent or affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company. Until such time as rules under this section are adopted, the commissioner may approve the coverage of such risks by a pure captive insurance company.

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Legislative History

2004 Reg. Sess., SB428

Nearby Sections

15
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Bluebook (online)
West Virginia § 33-31-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/33/33-31-18.