WVC 33 - 22 - 3
Such company may be organized and incorporated without
capital stock for the purpose of insuring property against loss
or damage as hereinafter authorized, in the same manner as
nonstock companies generally are organized and incorporated,
except that the secretary of state of this state shall not issue
a certificate of incorporation until the commissioner shall have
examined the charter and approved same in writing upon being
satisfied that the company is in a position to comply with the
provisions of this article.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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