WVC 33 - 21 - 23
§33-21-23. Advancement and repayment of funds.
The attorney or other parties may advance to a reciprocal
insurer upon reasonable terms such funds as it may require from
time to time in its operations. Sums so advanced shall not be
treated as a liability of the insurer, and, except upon
liquidation of the insurer, shall not be withdrawn or repaid
except out of the insurer's realized earned surplus in excess of
its minimum required surplus.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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