WVC 31 A- 8 E- 9
If the commissioner determines that a branch maintained by an
out-of-state state bank in this state is being operated in
violation of any provision of the laws of this state, or that such
branch is being operated in an unsafe and unsound manner, the
commissioner shall have the authority to take all such enforcement
actions as he or she would be empowered to take if the branch were
a West Virginia state bank: Provided,
That the commissioner shall
promptly give notice to the home state regulator of each
enforcement action taken against an out-of-state state bank and, to
the extent practicable, shall consult and cooperate with the home
state regulator in pursuing and resolving said enforcement action.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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