West Virginia Statutes
§ 46A-6I-4 — Electronic transferable records
West Virginia·Ch. 46A WEST VIRGINIA CONSUMER CREDIT AND PROTECTION ACT·Art. 6I CONSUMER PROTECTIONS IN ELECTRONIC TRANSACTIONS
(a)In addition to the provisions of article one, chapter thirty-nine-a of this code, this section applies to transferable records in a consumer transaction.
(b)If payment is made to a person indicated to be in control of a transferable record, as described in section sixteen, article one of this chapter, by a system employed for evidencing the transfer of interest in the transferable records, then the obligor is discharged to the extent of the payment as permitted by article three, chapter forty-six of this code.
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Nearby Sections
15
§ 46A-1-101
Short title§ 46A-1-102
General definitions§ 46A-1-104
Application§ 46A-1-105
Exclusions§ 46A-1-107
Waiver§ 46A-1-108
Records retention methods§ 46A-2-102
Assignee subject to claims and defenses§ 46A-2-104
Notice to cosigners§ 46A-2-105
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