There is a newer version of the West Virginia Code
2009 West Virginia Code
CHAPTER 31A. BANKS AND BANKING
ARTICLE 4. BANKING INSTITUTIONS AND SERVICES GENERALLY.
§31A-4-38 Direct leasing of personal property.
§31A-4-38. Direct leasing of personal property. Banking institutions may, subject to rules and regulations promulgated by the commissioner of banking, acquire and lease personal property pursuant to a binding arrangement for the leasing of such property to any person upon terms requiring payment to the institution, during the minimum period of the lease, of rentals which in the aggregate will exceed a reasonable estimate of the total expenditures to be made by the institution for or in connection with the acquisition, ownership, maintenance and protection of the property.
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