WVC 47 A- 1 - 4
§47A-1-4. Applicability of the West Virginia Administrative
Procedures Act; legislative and judicial review.
Because of the volatile nature of the credit market and the
necessity of prompt action by the board, all orders, rules and
regulations, and other procedures adopted by the board relating
to setting maximum interest rates and finance charges are
specifically exempted from the provisions of the West Virginia
Administrative Procedures Act, chapter twenty-nine- a of this
code. All other orders, rules and regulations, and other
procedures adopted by the board not relating to the setting of
maximum rates of interest and finance charges shall be made in
accordance with the provisions of the Administrative Procedures
Act, chapter twenty-nine-a of this code.
All actions of the board relating to the setting of maximum
interest rates and finance charges are subject to review as set
forth under section three of this article. In instances when the
board exceeds or fails to appropriately exercise its authority
under this article to set maximum interest rates and finance
charges, the actions of the board may be reviewed initially only
in the circuit court of Kanawha County, West Virginia.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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