W. Va. Code § 33-10-7
Grounds for conserving assets of foreign insurers
West Virginia · West Virginia Code Chapter 33 — Insurance · Status: effective
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- Citation
- W. Va. Code § 33-10-7, Grounds for conserving assets of foreign insurers, West Virginia, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2383065
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Full text
The commissioner may apply to the court for an order appointing him as receiver or ancillary receiver, and directing him to conserve the assets within this state, of a foreign insurer upon any of the following grounds:
(a) Upon any of the grounds specified in sections five or six of this article; or
(b) Upon the ground that its property has been sequestrated in its domiciliary state or in any other state.