West Virginia Code > Chapter 33 > Article 40B – Risk Management and Own Risk and Solvency Assessment Act


33-40B-1	Purpose and Scope
33-40B-2	Definitions
33-40B-3	Risk Management Framework
33-40B-4	ORSA Requirement
33-40B-5	ORSA Summary Report
33-40B-6	Exemption
33-40B-7	Contents of ORSA Summary Report
33-40B-8	Confidentiality
33-40B-9	Sanctions
33-40B-10	Severability
33-40B-11	Effective Date

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Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
in writing: includes any representation of words, letters, or figures, whether by printing, engraving, writing, or otherwise. See West Virginia Code 2-2-10
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Oversight: Committee review of the activities of a Federal agency or program.
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
Subpoena: A command to a witness to appear and give testimony.
Testify: Answer questions in court.