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W. Va. Code § 5E-1-18

Ruling procedure

Known as the West Virginia Capital Company Act

The act spans §§ 5E-1-1 to 5E-1-9 (23 sections).

Applied in 1 court decision — leading case Preston Memorial Hospital v. Palmer (2003)

Most recently applied in Preston Memorial Hospital v. Palmer (February 2003)

(a) The authority may issue an informal ruling as to its position on the application of this article and the rules promulgated thereunder to a stated transaction or event.

(b) Such rulings will only be issued after receipt of a written request and payment of a nonrefundable filing fee.

(c) Such rulings shall not constitute binding precedent, and are issued solely for the guidance of those persons requesting the ruling. Such rulings may be modified prospectively at any time with notice to the recipient of the ruling at said recipient's last address known to the authority and may be published or released by the authority with facts or characteristics identifying the person or persons requesting the ruling omitted or modified.

(d) Notwithstanding any provision of this section, rulings relating to issues of taxation may be issued only by the State Tax Commissioner and may not be issued by the authority.

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