WVC 31 A- 4 - 37
§31A-4-37. Sale of machine operations and services.
Any state banking institution or institutions, or
institution or institutions jointly with a national banking
association or associations, owning, leasing or renting, directly
or through a subsidiary corporation wholly owned by it or them,
computer, bookkeeping, or other like or similar machines or
equipment for its or their own business operations, may contract
for the sale of and sell the services, use and products of the
machines or equipment to other financial institutions and
businesses, upon such terms and conditions as may be the subject
of agreement between the parties, but only when the use and
services of the machines and equipment are not employed in the
orderly operations of such banking institution, institutions,
association or associations.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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