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WEST VIRGINIA CODE

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WVC 33 - 31 A- 3 §33-31A-3. Formation of sponsored captive insurance companies.
One or more sponsors may form a sponsored captive insurance company under the provisions of this article. A sponsored captive insurance company shall be incorporated as a stock insurer with its capital divided into shares and held by the stockholders.

Note: WV Code updated with legislation passed through the 2012 1st Special Session