WVC 31 A- 8 E- 5
§31A-8E-5. Requirement of notice.
An out-of-state bank desiring to establish and maintain a de
novo branch or to acquire a branch in this state pursuant to this
article shall provide written notice of the proposed transaction to
the commissioner not later than the date on which the bank applies
to the responsible federal or state bank supervisory agency for
approval to establish the branch. The out-of-state bank may comply
with this requirement by filing an additional copy of its branch
application with its home state regulator and requesting that the
home state regulator provide the copy to the commissioner. The
commissioner may notify the home state regulator that the
out-of-state bank must pay to the West Virginia division of banking
a fee of up to two hundred fifty dollars.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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