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W. Va. Code § 31-18-6a

Certain loans exempt from laws limiting interest rates or providing forfeitures, etc

Known as the West Virginia Housing Development Fund Act

The act spans §§ 31-18-1–31-18-9 (35 sections).

Notwithstanding any other provision to the contrary, no law limiting interest rates or providing for forfeiture, penalty or other loss or liability because of rate of interest charged shall apply to any loan in a principal amount of more than $100,000 on loans made by the Housing Development Fund in the furtherance of its corporate purposes or to any addition to or refinancing of a loan in the original principal amount of more than $100,000, made by the Housing Development Fund for such purposes.

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