West Virginia Code 22-11B-20 – Funds to be held in trust for unknown or unlocatable owners
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The storage operator shall hold all funds of unknown or unlocatable owners in trust in an interest bearing account and shall transfer said funds as unclaimed property to the State Treasurer pursuant to §36-8-1 et seq., the Uniform Unclaimed Property Act.
Terms Used In West Virginia Code 22-11B-20
- State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10
- Storage operator: means a person applying for or holding a permit until the issuance of a completion certificate for the relevant storage facility. See West Virginia Code 22-11B-2