WVC 31 A- 5 - 5
§31A-5-5. Regulation and examination of performance of bank
No state bank may cause to be performed, by contract or
otherwise, any bank services for itself, whether on or off its
premises, unless written assurances satisfactory to the
commissioner of banking are furnished to him by both the state
bank and the party performing such services that the performance
thereof will be subject to regulation and examination by the
commissioner and any federal supervisory agency to the same
extent as if such services were being performed by the state bank
on its own premises.
Note: WV Code updated with legislation passed through the 2015 Regular Session
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