West Virginia § 33-7-4 Reporting assets not allowed or of doubtful value

West Virginia Statutes

§ 33-7-4 — Reporting assets not allowed or of doubtful value

West Virginia § 33-7-4

Ch. 33Â INSURANCE

Art. 7ASSETS AND LIABILITIES

This text of West Virginia § 33-7-4 (Reporting assets not allowed or of doubtful value) 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 § 33-7-4 (2026).

Text

All assets not allowed and all other assets of doubtful value or character included as assets in any statement by an insurer to the commissioner, or in any examiner's report to him shall also be reported, to the extent of the value disallowed, as deductions from the gross assets of such insurer except where the commissioner permits a reserve to be carried among the liabilities of such insurer in lieu of any such deduction.

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All assets not allowed and all other assets of doubtful value or character included as assets in any statement by an insurer to the commissioner, or in any examiner's report to him shall also be reported, to the extent of the value disallowed, as deductions from the gross assets of such insurer except where the commissioner permits a reserve to be carried among the liabilities of such insurer in lieu of any such deduction.