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  8. Article 14. West Virginia Business Development ...


Article 14. West Virginia Business Development Corporations


  • §31-14-1. Short Title; Definitions
  • §31-14-2. Incorporators; Purposes; Agreement of Incorporation
  • §31-14-3. Authorized Capital Stock; Description of Shares; Consideration for Sale of Shares
  • §31-14-4. Issuance of Charter; Exemption From License Tax
  • §31-14-5. Corporate Powers
  • §31-14-6. Board of Directors; Officers
  • §31-14-7. Financial Institutions as Members of Corporation; Loans to Corporation by Members
  • §31-14-8. Powers of Stockholders and Members; Voting
  • §31-14-8a. Statewide Corporation; Economic Regions Created; Loan Committees
  • §31-14-9. Purchase of Securities and Stock by Other Corporations, Fiduciaries and Financial Institutions
  • §31-14-10. Creation of Surplus From Annual Net Earnings
  • §31-14-11. Corporation Not to Receive Deposits; Designation of Depository Bank
  • §31-14-12. Examination by and Reports to Banking Commissioner
  • §31-14-13. Exemption From Payment of Business and Occupation Taxes; Treatment as Banking Institution for Purposes of Property Taxation
  • §31-14-14. Amendment of Charter
  • §31-14-15. Applicability of General Corporation Law
  • §31-14-16. Severability of Provisions
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