W. Va. Code § 31A-7-15

Current through 2024 First Special Session

Section 31A-7-15 - Exclusivity of powers and procedures of article

The provisions of this article provide full and exclusive powers and procedures for the conservatorship, receivership and liquidation of a financial institution, and a receiver or conservator for a financial institution shall not under any circumstances be appointed nor shall a conservatorship, receivership or liquidation of a financial institution under any circumstances be conducted except in the manner provided for in this article.