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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The Treasurer is authorized to prepare and maintain a list of financial institutions that are engaged in a boycott of energy companies.
(b) The Treasurer must publicly post the restricted financial institution list on the Treasurer's website and submit a copy of the list to the Governor, the President of the Senate, and the Speaker of the House of Delegates.
(c) A citation to this article and a brief summary of the purpose of the list must appear at the top of the list, including a statement that inclusion on the list is not an indication of unsafe or unsound operating conditions of any financial institution nor any risk to consumer deposits.
(d) The Treasurer must update the restricted financial institution list annually, or more often as the Treasurer considers necessary.
Cite this article: FindLaw.com - West Virginia Code Chapter 12. Public Moneys and Securities § 12-1C-2. Restricted financial institutions list - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-12-public-moneys-and-securities/wv-code-sect-12-1c-2/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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