W. Va. Code § 33-27A-10

Current through 2024 First Special Session

Section 33-27A-10 - Membership interest in mutual company

A membership interest in a mutual insurance holding company is not a security under the laws of this state. No member of a mutual insurance holding company may transfer membership in the mutual insurance holding company or any right arising from membership.

W. Va. Code § 33-27A-10

Added by 2020 Acts, ch. 199 (HB 4477), eff. 2/28/2020.