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W. Va. Code § 31A-9-8

Property interest of depositor or beneficiary

Known as the Uniform Special Deposits Act

The act spans §§ 31A-9-1 to 31A-9-9 (16 sections).

(a) Neither a depositor nor a beneficiary has a property interest in a special deposit.

(b) Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. Any property interest under this subsection is determined under other law.

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