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2011 West Virginia Code
CHAPTER 31A. BANKS AND BANKING
ARTICLE 7. REGULATION OF FAILING FINANCIAL INSTITUTIONS.
§31A-7-8. Voluntary liquidation by financial institution.


WV Code § 31A-7-8 (2002 through Reg Sess) What's This?


Any financial institution may, after thirty days' notice to the commissioner, cease to transact business and go into voluntary liquidation and convert its assets into money and pay the money to the persons entitled thereto.

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