West Virginia Code 33-8A-1 – Purpose
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The purpose of this article is to authorize domestic insurance companies to utilize modern systems for holding and transferring securities without physical delivery of securities certificates, subject to appropriate regulation of the commissioner.
Terms Used In West Virginia Code 33-8A-1
- Securities: means certificated securities as defined in subdivision (4), subsection (a), section one hundred two, article eight, chapter . See West Virginia Code 33-8A-2