West Virginia Code 39B-1-117 – Agent’s liability
Current as of: 2023 | Check for updates
|
Other versions
(a) An agent that violates this act is liable to the principal or the principal's successors in interest for the amount required to:
Terms Used In West Virginia Code 39B-1-117
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
(1) Restore the value of the principal's property to what it would have been had the violation not occurred;
(2) Reimburse the principal or the principal's successors in interest for the attorney's fees and costs paid on the agent's behalf out of the principal's assets;
(3) Reimburse the reasonable attorneys fees and costs incurred by the principal or the principal's successors in interest in pursuing rectification of the violation by the agent; and
(4) Pay such other amounts, damages, costs or expenses as the court may award.