WEST VIRGINIA CODE
WVC 44 - 2 - 17
§44-2-17. How contingent and unliquidated claims and claims not
matured may be provided for.
The fiduciary commissioner in his report on claims shall
direct the personal representative to withhold from distribution
to beneficiaries sufficient assets to take care of such
contingent and unliquidated claims and claims not matured as
shall be presented to and proved before the fiduciary
commissioner, or a proportion thereof equal to what is paid to
other creditors of the same class, and such assets shall be so
withheld until such contingent liability becomes fixed, or such
unliquidated liability becomes liquidated, or until such claims
not matured mature, as the case may be, at which time such assets
shall be disbursed or distributed as the fiduciary commissioner
in his report may have designated and the circumstances may
require. But in any case where there are sufficient assets to
pay all liquidated claims against any estate, any legatee or
distributee of the estate shall be entitled to be paid his or her
share of the full surplus of the estate, after payment of, or
provision for, all liquidated claims, both those matured and
those not matured has been made, upon such legatee's or
distributee's giving to the personal representative a bond,
executed by himself or some other person, with sufficient
security, to be approved by the county commission, or the clerk
thereof during the recess of the commission, conditioned to
refund a due proportion of any unliquidated or contingent debts
or demands which may afterwards appear against the decedent or
become liquidated or have their liability fixed, and of the costs attending their recovery. Such bond shall be filed in the
clerk's office where probate of the will or administration of the
estate was had, and recorded by such clerk in the record of
bonds. After the giving of any such bond or bonds, creditors
holding unliquidated or contingent debts and demands shall, as to
the estate distributed by virtue of the giving of such bond or
bonds, look only to such bond or bonds for the payment of such
debts and demands.
Note: WV Code updated with legislation passed through the 2012 1st Special Session