Bill > SB338

This bill authorizes the Division of Financial Institutions, a state agency responsible for overseeing financial entities, to create and implement a legislative rule concerning how joint accounts are handled and how account holders are notified about their rights and responsibilities. Specifically, it ratifies a rule that was filed in the State Register on July 23, 2025, and is authorized under a specific section of West Virginia code (§31A-4-33), which deals with the powers of the Division of Financial Institutions. This rule, identified as 106 CSR 17, will provide guidelines on the notice and treatment of joint accounts, which are bank accounts held by two or more individuals who have equal rights to deposit and withdraw funds.

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http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=338&year=2026&sessiontype=RS&btype=bill