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2020 West Virginia Code
Chapter 33. Insurance
Article 27A. West Virginia Mutual to Mutual Insurance Holding Company Act
§33-27A-10. Membership Interest in Mutual Company
Universal Citation: WV Code § 33-27A-10 (2020)
A membership interest in a mutual insurance holding company is not a security under the laws of this state. No member of a mutual insurance holding company may transfer membership in the mutual insurance holding company or any right arising from membership.
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