WVC 19 - 3 - 2
§19-3-2. Applicant to furnish surety bond.
Prior to the issuance of a license for commission merchant,
the applicant shall execute and deliver to the commissioner a
surety bond conditioned as the commissioner may require and
acceptable to him, payable to the state of West Virginia, for the
benefit of consignors who have been wronged or damaged by fraud
or fraudulent practices of the commission merchant and so
adjudged by a court of competent jurisdiction and who shall have
the right of action for damage for compensation against such
Note: WV Code updated with legislation passed through the 2016 Regular Session
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