Authorizes the Division of Financial Institutions to create rules for joint accounts notice and treatment.

West Virginia SB338 authorizes the Division of Financial Institutions to establish rules concerning the notice and treatment of joint accounts. This bill aims to provide a legislative framework for the division to issue regulations on joint accounts, ensuring clarity and consistency in how these accounts are managed and communicated. The bill references a previous rule filed on July 23, 2025, under Section 31A-4-33 of the code, and it amends Section 64-7-1 to include this authorization.

Authorizes the Division of Financial Institutions to create rules for joint accounts notice and treatment.

West Virginia SB338 authorizes the Division of Financial Institutions to establish rules concerning the notice and treatment of joint accounts. This bill aims to provide a legislative framework for the division to issue regulations on joint accounts, ensuring clarity and consistency in how these accounts are managed and communicated. The bill references a previous rule filed on July 23, 2025, under Section 31A-4-33 of the code, and it amends Section 64-7-1 to include this authorization.