HB2963 — To ensure that the survivor of a merger, reorganization, purchase, or assumption of liabilities of a bank chartered by West Virginia is insured by the Federal Deposit Insurance Corporation

HB2963 — To ensure that the survivor of a merger, reorganization, purchase, or assumption of liabilities of a bank chartered by West Virginia is insured by the Federal Deposit Insurance Corporation · Informed CitizenryThis bill adds a new section to the West Virginia Code requiring that any West Virginia-chartered bank selling or transferring all or substantially all of its assets and liabilities through a merge…Open in Informed Citizenry