West Virginia Statutes

§ 33-3A-4 — Maintenance of trust account

West Virginia § 33-3A-4
JurisdictionWest Virginia
Ch. 33 INSURANCE
Art. 3ASTATE OF ENTRY FOR FOREIGN INSURERS

This text of West Virginia § 33-3A-4 (Maintenance of trust account) 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 § 33-3A-4 (2026).

Text

The assets in the trust account shall be known as "trusteed assets" and shall at all times be in an amount equal to the U.S. branch's reserves and other liabilities plus the minimum capital and surplus, or authorized control level risk based capital, whichever is greater, required to be maintained by a domestic insurer licensed to do the same kind of insurance.

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Legislative History

2000 Reg. Sess., HB4500

Nearby Sections

15
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Bluebook (online)
West Virginia § 33-3A-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/33/33-3A-4.