WVC 33 - 44 - 12
§33-44-12. Collection, maintenance and distribution of restitution
All restitution ordered by the commissioner pursuant to the
authority set forth in section seven of this article and received
from unauthorized insurers shall be collected by the commissioner
and distributed to the affected insureds on a pro rata basis. The
commissioner shall maintain a record reflecting the names of each
of the insureds for which the restitution was ordered, the total
amount of the unpaid claims for each of the insureds to which the
restitution will be paid and the actual amount of restitution to be
paid to the insured. The commissioner shall likewise maintain an
account into which restitution received shall be placed until it is
distributed to the affected insureds.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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