WEST VIRGINIA CODE
WVC 38 - 13 - 2
§38-13-2. Oath and bond of trustee; requiring further security.
Before the trustee shall have any power or authority to
sell, dispose of or convert to the purposes of the trust any of
the assigned property he shall qualify as such by taking an oath
and giving a bond in a penalty double the amount of the estate,
with a solvent surety company as surety, before the clerk of the
county court of the county in which such assignment, conveyance
or transfer has been recorded. The oath of the trustee shall be
that he will faithfully perform the duties of the office of
trustee to the best of his skill and judgment, and will account
for and pay over all money that comes into his hands as such
trustee. The bond of the trustee shall be approved by the clerk,
shall be conditioned that the trustee shall faithfully perform
the duties of trustee to the best of his skill and judgment and
account for and pay over all money that may come into his hands
as trustee, and shall be filed in the office of the clerk. At
any time after the giving of such bond the clerk may, upon his
own motion, or upon the application of any party in interest, and
on five days' notice given to the assignor, trustee and surety,
increase the amount of the bond or require further security to be
given, whenever in his judgment the penalty of the bond or the
security afforded by it is not adequate.
Note: WV Code updated with legislation passed through the 2012 1st Special Session