GroundRules
← Search the law
West Virginia · Through as of 2026-08-03; contains at least the enactments of the 2026 Regular Session · Newer source version available

W. Va. Code § 33-10-8: Grounds for conserving assets of alien insurers.

Read at publisher ↗
Where this section sits in the code
  1. CHAPTER 33. INSURANCE.
  2. ARTICLE 10. REHABILITATION AND LIQUIDATION.

The commissioner may apply to the court for an order appointing him as receiver or ancillary receiver, and directing him to conserve the assets within this state, of any alien insurer upon any of the following grounds:

(a) Upon any of the grounds specified in sections five or six of this article,

(b) Upon the ground that the insurer has failed to comply, within the time designated by the commissioner, with an order made by him to make good an impairment of its trusteed funds, or

(c) Upon the ground that the property of the insurer has been sequestrated in a country other than the United States.

Collected 2026-09-06T00:28:24Z. Source file · JSON

Browse this collection