(a) The Treasurer may accept or reject a linked deposit loan request or any portion of a request based on the criteria prescribed by this article.
(b) Upon approving the linked deposit loan request, the Treasurer shall place a linked deposit with the lending institution.
(c) The eligible lending institution shall enter into a deposit agreement with the Treasurer in a form prescribed by the Treasurer and in compliance with the requirements of this article.
Structure West Virginia Code
Chapter 12. Public Moneys and Securities
Article 1A. West Virginia Small Business Linked Deposit Program
§12-1A-3. Limitations on Investment in Linked Deposits
§12-1A-4. Applications for Loan Priority; Loan Package; Counseling
§12-1A-5. Acceptance or Rejection of Loan Package; Deposit Agreement for Linked Deposits
§12-1A-6. Certification and Monitoring of Compliance; Accountability and Reporting