WVC 36 - 8 - 5
§36-8-5. Dormancy charge.
A holder may deduct from property presumed abandoned a charge
imposed by reason of the owner's failure to claim the property
within a specified time only if there is a valid and enforceable
written contract between the holder and the owner under which the
holder may impose the charge and the holder regularly imposes the
charge, which is not regularly reversed or otherwise canceled. The
amount of the deduction is limited to an amount that is not
Note: WV Code updated with legislation passed through the 2016 Regular Session
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