Every corporation organized under the provisions of this article shall be subject to the examination and supervision of the commissioner of banking of this state, and shall make a report annually of its condition in such form and containing such information as the commissioner may require, who shall transmit a copy of such annual report to the Insurance Commissioner of the state.
Structure West Virginia Code
Article 14. West Virginia Business Development Corporations
§31-14-1. Short Title; Definitions
§31-14-2. Incorporators; Purposes; Agreement of Incorporation
§31-14-3. Authorized Capital Stock; Description of Shares; Consideration for Sale of Shares
§31-14-4. Issuance of Charter; Exemption From License Tax
§31-14-6. Board of Directors; Officers
§31-14-7. Financial Institutions as Members of Corporation; Loans to Corporation by Members
§31-14-8. Powers of Stockholders and Members; Voting
§31-14-8a. Statewide Corporation; Economic Regions Created; Loan Committees
§31-14-10. Creation of Surplus From Annual Net Earnings
§31-14-11. Corporation Not to Receive Deposits; Designation of Depository Bank
§31-14-12. Examination by and Reports to Banking Commissioner
§31-14-14. Amendment of Charter