There is a newer version of the West Virginia Code
2009 West Virginia Code
CHAPTER 33. INSURANCE
ARTICLE 32. RISK RETENTION ACT.
§33-32-11 Prohibition on ownership by an insurance company.
§33-32-11. Prohibition on ownership by an insurance company.No risk retention group shall be allowed to do business in this state if an insurance company is directly or indirectly a member or owner of such risk retention group, other than in the case of a risk retention group all of whose members are insurance companies.
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