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 § 51-6-5: Receiver's liability for funds and interest thereon.

Read at publisher ↗
Where this section sits in the code
  1. CHAPTER 51. COURTS AND THEIR OFFICERS.
  2. ARTICLE 6. GENERAL RECEIVERS.

He shall be liable for all moneys which may come into his hands as general receiver; and if at any time he shall fail to invest any sum of money, as required by the preceding sections, for the space of sixty days after the same shall be, or ought to have been, received by him or shall fail to pay out any sum of money, when required by the court to pay the same, for the space of sixty days after it shall come into his hands for the purpose of such payment, he shall be charged with interest thereon from the day when such money was, or ought to have been, received by him until such investment or payment is made, unless, upon good cause shown, the court shall order otherwise.

Collected 2026-09-06T00:30:48Z. Source file · JSON

Browse this collection