WEST VIRGINIA CODE
WVC 38 - 1 - 11
§38-1-11. Amount and approval of bond of trustee; recordation;
effect of failure to give.
If the grantor in the trust deed, or any person to whom such
grantor shall have granted or assigned the property covered by
such deed, or any cestui que trust of such trust deed, shall as
provided in the preceding section, require the trustee to give
bond, such trustee shall, before making any sale, or receiving
any of the proceeds of such sale, give bond in a penalty at least
equal to the full value of the property to be sold, with good
security, before the clerk of the county court of the county
where such property is, which bond and security shall be approved
by such clerk, conditioned that he will faithfully perform his
duty as such trustee, and account for and pay over, as required
by law, all money that may come into his hands in the execution
of such trust. Every such bond shall be filed by such clerk in
his office, and recorded by him in the book in which the bonds of
administrators are recorded. Every notice of sale by a trustee
under a trust deed shall have appended to it the certificate of
such clerk, that bond and security has been given by the trustee
as required by law, if such bond be required as aforesaid, but
the failure to give such bond shall not affect the title of any
purchaser of such property at the trustee's sale, for value, and
without notice of the fact that such bond had been required.
Note: WV Code updated with legislation passed through the 2012 1st Special Session