WVC 31 A- 8 - 6
§31A-8-6. Receiving deposits or issuing choses in action during
No financial institution shall accept or receive on deposit,
with or without interest, any money of the United States of
America, bills, checks or drafts, or fraudulently receive money
or money's worth in exchange for the issuance of any choses in
action of such institution when such institution is insolvent;
and any officer, director, cashier, manager, secretary, member,
owner, employee or stockholder of any financial institution who
shall knowingly violate the provisions of this section or be
accessory to, or permit, or connive at, the receiving or
accepting on deposit of any such deposits or such issuance of any
choses in action, shall be guilty of a misdemeanor and subject to
the penalties provided in section fifteen of this article.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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