West Virginia Code > Chapter 31A > Article 4A – Conversion of National Banks to State-Chartered Banks
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Terms Used In West Virginia Code > Chapter 31A > Article 4A - Conversion of National Banks to State-Chartered Banks
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Board: means the West Virginia Board of Banking and Financial Institutions. See West Virginia Code 31A-1-2
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- division: means the Division of Banking of West Virginia. See West Virginia Code 31A-1-2
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10
- Trustee: A person or institution holding and administering property in trust.