W. Va. Code § 33-31A-3

Current through 2024 First Special Session
Section 33-31A-3 - Formation of sponsored captive insurance companies

One or more sponsors may form a sponsored captive insurance company under the provisions of this article. A sponsored captive insurance company shall be incorporated as a stock insurer with its capital divided into shares and held by the stockholders.

W. Va. Code § 33-31A-3