STATE STATUTES & CODES

WEST VIRGINIA STATUTES AND CODES

CHAPTER 31C. CREDIT UNIONS

• §31C-1-1 Definitions
• §31C-1-2 Authority of commissioner and board of banking and financial institutions.
• §31C-1-3 Powers of commissioner
• §31C-1-4 Suspension; involuntary liquidation.
• §31C-1-5 Examinations.
• §31C-1-6 Records.
• §31C-1-7 Reports.
• §31C-1-8 Assessments.
• §31C-2-1 Organization procedure.
• §31C-2-2 Certification of charter; and certificate of authority.
• §31C-2-3 Articles and bylaws.
• §31C-2-4 Use of name exclusive.
• §31C-2-5 Branches and other service facilities.
• §31C-2-6 Out-of-state credit unions.
• §31C-2-7 Conducting business outside this state.
• §31C-2-8 Tax exemption.
• §31C-2-9 Credit unions heretofore organized need not obtainnew charter; actions validated.
• §31C-3-1 General powers.
• §31C-3-2 Incidental powers.
• §31C-3-3 Advantageous federal powers.
• §31C-4-1 Membership defined.
• §31C-4-2 Organizations.
• §31C-4-3 Membership applications
• §31C-4-4 Members who cease to be eligible.
• §31C-4-5 Liability and expulsion of members.
• §31C-4-6 Meetings of members.
• §31C-4-7 Calling of special meeting.
• §31C-5-1 Authority and responsibility of directors.
• §31C-5-2 Election of directors and selection of supervisory and credit committee members.
• §31C-5-3 Record of officials; and filling vacancies.
• §31C-5-4 Compensation of officials; and conflicts of interests.
• §31C-5-5 Officers.
• §31C-5-6 Executive committee.
• §31C-5-7 Credit committee and loan officers
• §31C-5-8 Audits.
• §31C-5-9 Fidelity bonds, required oaths and hazard insurance.
• §31C-5-10 Suspension and removal of officials.
• §31C-5-11 Inspection of books and records by members.
• §31C-6-1 Share accounts and membership shares.
• §31C-6-2 Dividends.
• §31C-6-3 Deposit accounts.
• §31C-6-7 Payable-on-death accounts.
• §31C-6-8 Liens.
• §31C-6-9 Share and deposit insurance.
• §31C-6-10 Reduction in shares.
• §31C-7-1 Purpose and conditions of loans.
• §31C-7-2 Finance charge.
• §31C-7-3 Additional charges.
• §31C-7-4 Applications.
• §31C-7-5 Loan limit; collateral requirements; and repayment.
• §31C-7-6 Line of credit.
• §31C-7-7 Participation loans.
• §31C-7-8 Other loan programs.
• §31C-7-9 Loans to officials.
• §31C-8-1 Insurance for members.
• §31C-8-2 Indemnification of officers.
• §31C-8-3 Group purchasing.
• §31C-8-4 Money-type instruments.
• §31C-8-5 Retirement accounts and trust authority.
• §31C-9-1 Investment and deposit of funds.
• §31C-9-2 Authorized investments.
• §31C-9-3 Repealed
• §31C-10-1 Voluntary liquidation.
• §31C-10-2 Merger of credit unions.
• §31C-10-3 Conversion.
• §31C-11-1 Incorporation.
• §31C-11-2 Purposes.
• §31C-11-3 Membership.
• §31C-11-4 Organization.
• §31C-11-5 Powers and privileges.
• §31C-11-6 Participation in central system.
• §31C-11-7 Security interest.
• §31C-11-8 Meetings.
• §31C-11-9 Fees.
• §31C-11-10 Reserves.
• §31C-11-11 Annual audit.
• §31C-11-12 Securities exemption.
• §31C-12-1 Criminal liability.
• §31C-12-2 Penalty for false reports.
• §31C-12-3 Civil penalties.