{"data":{"id":"us-wv/w.-va.-code-31i-1-5","jurisdiction":"us-wv","citation":"W. Va. Code § 31I-1-5","heading":"Operation and powers.","body":"Every private trust company and licensed private trust company shall conduct its business in accordance with an operating plan and in accordance with generally accepted fiduciary standards. A private trust company or licensed private trust company when engaging in a private trust business shall have the same rights, powers, and privileges as a banking or trust institution pursuant to §31A-4-14 of this code, including the power to act as executor under the last will and testament or administrator of the estate of any deceased family member.","path":["CHAPTER 31I. TRUST COMPANIES.","ARTICLE 1. PRIVATE TRUST COMPANIES AND PRIVATE TRUST BUSINESS."],"source_url":"https://code.wvlegislature.gov/31I-1-5/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:28:13Z","sha256":"d1f66178e0376a14c62d1a115c66f41d751cd5144521858e2c52b9f96fc0b199","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-31i-1-4","next":"us-wv/w.-va.-code-31i-1-6"},"notice":"GroundRules: Original legal text. Not legal advice."}