Public-domain · open source
OpenJurist

W. Va. Code § 12-1B-12

Liability of public depositors

Known as the West Virginia Security for Public Deposits Act

The act spans §§ 12-1B-1 to 12-1B-9 (14 sections).

When deposits are made in accordance with this article, no official of a public depositor may be personally liable for any loss resulting from the default or insolvency of any designated state depository in the absence of negligence, malfeasance, misfeasance, or nonfeasance.

Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.