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2012 West Virginia Code
CHAPTER 33. INSURANCE
ARTICLE 7. ASSETS AND LIABILITIES.
§33-7-13. Valuation of mortgages or deeds of trust.

Universal Citation:
WV Code § 33-7-13 (through 1st Spec. Sess. 2012)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.


Mortgages or deeds of trust on real property shall be valued in an amount equal to the unpaid balance but not exceeding sixty- six and two-thirds percent of the fair value of such real property, except that any amount in excess of sixty-six and two- thirds percent may be included to the extent the loan evidenced by such deed of trust or mortgage is guaranteed by an agency of the federal government.

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