West Virginia Statutes
§ 33-61-6 — Management and administration of the company
West Virginia § 33-61-6
This text of West Virginia § 33-61-6 (Management and administration of the company) 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 § 33-61-6 (2026).
Text
(a)If the company’s board of directors determines that the affairs of the company may be administered suitably and efficiently, the company may enter into a contract with a licensed insurer, licensed health service plan, insurance service organization, third-party administrator, insurance brokerage firm or other firm or company with suitable qualifications and experience to administer some or all of the affairs of the company, subject to the continuing direction of the board of directors as required by the articles of incorporation and bylaws of the company, and the contract. All such contracts shall be awarded by competitive bidding.
(b)The company shall file a true copy of the contract with the commissioner.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
2022 Reg. Sess., SB1
Nearby Sections
15
§ 33-1-1
Insurance§ 33-1-10
Kinds of insurance defined§ 33-1-11
Reinsurance§ 33-1-12
Agent§ 33-1-13
Solicitor§ 33-1-14
Broker§ 33-1-15
Reciprocal insurance§ 33-1-16
Policy§ 33-1-17
Premium§ 33-1-18
Stock insurer§ 33-1-19
Mutual insurer§ 33-1-2
Insurer§ 33-1-21
Emergency servicesCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 33-61-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/33/33-61-6.