West Virginia Code 33-22-17 – Member’s share of assets upon liquidation
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Upon the liquidation of any such company, the share of each member in the assets shall be computed and distributed in the manner provided in section twenty-nine of article five of this chapter for computing and distributing the share of members of other types of domestic mutual insurers.
Terms Used In West Virginia Code 33-22-17
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.