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Home » US Law » 2022 West Virginia Code » Chapter 31. Corporations » Article 17. West Virginia Residential Mortgage Lender, Broker and Servicer Act » §31-17-6. Minimum Net Worth to Be Maintained; Bond to Be Kept in Full Force and Effect; Foreign Corporation to Remain Qualified to Do Business in This State

At all times, a lender and broker licensee shall: (1) Have available the net worth required by the provisions of section four of this article; (2) keep the bond required by said section in full force and effect; and (3) if the licensee be a foreign corporation, remain qualified to transact business in this state unless otherwise exempt.