No captive insurance company may be permitted to join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this state, nor may any captive insurance company, or any insured or affiliate thereof, receive any benefit from any such plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of such captive insurance company.
Structure West Virginia Code
§33-31-2. Licensing; Authority
§33-31-4. Minimum Capital and Surplus; Letter of Credit
§33-31-6. Formation of Captive Insurance Companies in This State
§33-31-7. Reports and Statements
§33-31-8. Examinations and Investigations
§33-31-9. Grounds and Procedures for Suspension or Revocation of License
§33-31-12. Rating Organizations; Memberships
§33-31-13. Exemption From Compulsory Associations
§33-31-14. Tax on Premiums Collected
§33-31-16a. Laws Applicable; Risk Retention Groups
§33-31-18. Rules for Controlled Unaffiliated Business
§33-31-19. Conversion to or Merger With Reciprocal Insurer
§33-31-20. Branch Captive Insurance Company Formation