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§ 31a-7-15 — West Virginia Law | CourtGPT
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  4. Chapter 31a - Banks and Banking/
  5. Article 7 - Regulation of Failing Financial Institutions§31a-7-1. Purpose; Construction/
  6. § 31a-7-15
West Virginia Legal Code

§ 31a-7-15

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The provisions of this article provide full and exclusive powers and procedures for the conservatorship, receivership and liquidation of a financial institution, and a receiver or conservator for a financial institution shall not under any circumstances be appointed nor shall a conservatorship, receivership or liquidation of a financial institution under any circumstances be conducted except in the manner provided for in this article.