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WV SB339

WV SB339
Commissioner of Financial Institutions rule relating to Fintech Regulatory Sandbox Program


summary

Introduced
01/15/2026
In Committee
01/15/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to authorize the Commissioner of Financial Institutions to promulgate a legislative rule relating to Fintech Regulatory Sandbox Program.

AI Summary

This bill authorizes the Commissioner of Financial Institutions to create and implement a legislative rule for a Fintech Regulatory Sandbox Program, which is a program designed to allow financial technology (fintech) companies to test innovative products and services in a controlled environment under the supervision of regulators. The specific rule being authorized is identified as "106 CSR 21" and is being established under the authority of section 31A-8G-3 of the West Virginia code.

Committee Categories

Justice

Sponsors (1)

Last Action

To Judiciary (on 01/15/2026)

bill text


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