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    • Legislation USA
    • West Virginia Code
    • Chapter 7. County Commissions and Officers
    • Article 19. County Linked Deposit Program

    West Virginia Code
    Chapter 7. County Commissions and Officers
    Article 19. County Linked Deposit Program

    §7-19-1. Definitions - (a) "Agent" means the county commission or, where created, the...

    §7-19-2. Legislative Findings - The Legislature finds that many small businesses throughout the state...

    §7-19-3. Authority to Invest; Limitations on Investment in Linked Deposits; Loan Cap - County commissions are hereby authorized and empowered, in addition to...

    §7-19-4. Applications for Loan; Priorities; Loan Package - (a) An eligible lending institution that desires to receive a...

    §7-19-5. Acceptance or Rejection of Loan Package; Deposit Agreement - (a) The agent may accept or reject a linked deposit...

    §7-19-6. Rate of Loan; Certification and Monitoring of Compliance; Reports - (a) Upon the placement of a linked deposit with an...

    §7-19-7. Liability of the County Commission or Its Agent - Neither the county commission or its agent is liable in...

    §7-19-8. Penalties for Violation of Article - Any violation of this article shall be deemed a misdemeanor...

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