West Virginia Statutes
§ 46A-6K-5 — Penalty
West Virginia·Ch. 46A WEST VIRGINIA CONSUMER CREDIT AND PROTECTION ACT·Art. 6K GOOD FUNDS SETTLEMENT ACT
Any persons suffering losses due to the failure of the lender or the settlement agent to disburse settlement proceeds as required by this chapter shall be entitled to recover, in addition to other actual damages, double the amount of any interest collected in violation of section three of this article plus reasonable attorneys' fees incurred in the collection thereof.
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Legislative History
2004 Reg. Sess., HB4168
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
Balloon payments