WVC 31 A- 8 - 11
§31A-8-11. Failure to make, publish or distribute reports;
Every financial institution failing to make and transmit to
the commissioner any of the reports required by law or any rule
and regulation or order thereunder in the form prescribed by the
commissioner of banking, or failing to publish or distribute the
reports, as so required, shall forthwith be notified by the
commissioner of banking and, if such failure continues for ten
days after receipt of such notice, such delinquent institution
shall be subject to a penalty of one hundred dollars for each day
thereafter that such failure continues, such penalty to be
recovered by the commissioner of banking and paid into the state
treasury to the account of the general fund.
Note: WV Code updated with legislation passed through the 2014 1st Special Session
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