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Home » US Law » 2022 West Virginia Code » Chapter 33. Insurance » Article 11. Unfair Trade Practices » §33-11-4b. Unfair Claims Settlement Practice Trust Fund

(a) There is hereby created a special account in the state Treasury designated the Unfair Claims Settlement Practice Trust Fund, which shall be an interest-bearing account and may be invested in the manner permitted by section nine, article six, chapter twelve of this code, with the interest income or other refund earned thereon a proper credit to the fund. Funds paid into the account may also be derived from the following sources:

(1) Payments received pursuant to section nine, article two of this chapter; and