West Virginia Statutes

§ 33-31A-3 — Formation of sponsored captive insurance companies

West Virginia·Ch. 33  INSURANCE·Art. 31A SPONSORED CAPTIVE INSURANCE COMPANY FORMATION
One or more sponsors may form a sponsored captive insurance company under the provisions of this article. A sponsored captive insurance company shall be incorporated as a stock insurer with its capital divided into shares and held by the stockholders.

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Legislative History

2004 Reg. Sess., SB428

Nearby Sections

15
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