No trust institution acting under the provisions of this article may cause or permit the use of its name or the name of its nominee or nominees for the purpose of registering property to evade, avoid or relieve itself or any other person, firm or corporation, or the property, from taxation.
Structure West Virginia Code
Chapter 31A. Banks and Banking
Article 6. Nominee Registration of Fiduciary Securities
§31A-6-1. Procedures for Nominee Registration of Securities
§31A-6-2. Duties of Trust Institutions Making Use of Nominee Registration
§31A-6-3. Civil Liabilities and Criminal Penalties
§31A-6-4. Limitations on Liability in Transfers and Changes of Registration
§31A-6-5. Registration of Property to Evade Taxes Prohibited