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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 § 33-31A-9: Delinquency.

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Where this section sits in the code
  1. CHAPTER 33. INSURANCE.
  2. ARTICLE 31A. SPONSORED CAPTIVE INSURANCE COMPANY FORMATION.

In the case of a delinquency of a sponsored captive insurance company, the provisions of section seventeen, article thirty-one of this chapter shall apply, provided:

(1) The assets of a protected cell may not be used to pay any expenses or claims other than those attributable to such protected cell; and

(2) Its capital and surplus shall at all times be available to pay any expenses of or claims against the sponsored captive insurance company.

Collected 2026-09-06T00:28:48Z. Source file · JSON

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