This legal document, part of the West Virginia Code’s Uniform Commercial Code on Bank Deposits and Collections, outlines the duties and responsibilities of customers and banks regarding the discovery and reporting of unauthorized signatures or alterations. According to the document, banks must provide customers with statements of account that either return the paid items or provide sufficient information for the customer to identify the items. If the items are not returned, the person retaining them must maintain the capacity to furnish legible copies for seven years.

This legal document, part of the West Virginia Consumer Credit and Protection Act, establishes limitations for negotiable instruments related to consumer credit sales or consumer leases. It states that a holder in due course of such negotiable instruments shall be subject to all claims and defenses arising from the specific consumer credit sale or consumer lease that the buyer or lessee has against the seller or lessor. However, the holder’s liability is limited to the amount owed at the time they receive notice of the claims or defenses.

This legal document, part of the West Virginia Consumer Credit and Protection Act, governs the consumer’s right to cure default, cure, and acceleration. It applies to consumers and creditors in West Virginia. After a consumer defaults on an installment obligation or any other secured obligation, the creditor may give notice to the consumer, stating the amount and date by which the default must be cured. The notice must also be provided to any cosigner of the obligation.

This legal document, found in the West Virginia Code under the Consumer Credit Protection Act, addresses the topic of security in sales or leases. It outlines the conditions under which a seller or issuer of a seller credit card can take a security interest in the property sold, goods upon which services are performed, land to which the goods are affixed, or property of the buyer. The debt secured must meet certain thresholds.

In addition to contracting for a security interest pursuant to the provisions on security in sales or leases, a seller or issuer of a seller credit card in a consumer credit sale may secure the debt arising from the sale by contracting for a security interest in other property if as a result of a prior sale the seller or issuer of a seller credit card has an existing security interest in the other property and such debts are consolidated.

This section of the West Virginia Consumer Credit and Protection Act applies to secured transactions involving collateral primarily purchased for personal, family, household, or agricultural purposes. It also applies to transactions where collateral was previously used for such purposes or when a debt primarily incurred for such purposes is secured by collateral. The section allows a secured creditor, after a default by the debtor, to send a written proposal to the debtor setting forth a value for the collateral.

This provision, part of the West Virginia Consumer Credit and Protection Act, prohibits the solicitation or acceptance of postdated checks with the intent of presenting them for payment before the date listed on the check. It also prohibits misrepresenting that postdating a check will prevent its early payment. If a postdated check is presented for payment before the date, the payee must immediately return the funds to the maker of the check upon request and pay any fees and costs incurred by the maker.

This section of the West Virginia Code addresses various crimes against property related to credit cards and telephonic services. It defines terms such as ‘counterfeit credit card’ and ‘credit card making equipment.’ It is unlawful for any person to knowingly obtain or attempt to obtain credit, purchase or attempt to purchase goods, property or services using false, fictitious, or counterfeit credit cards or other credit devices. It is also unlawful to engage in fraudulent schemes or methods to avoid payment of charges for telephonic or telegraph services.

This section of the West Virginia Code governs the making, drawing, issuing, uttering, or delivering of worthless checks on a preexisting debt. It applies to any person, firm, or corporation. The section imposes penalties on individuals who make such checks knowing or having reason to know that there are insufficient funds to pay the check upon presentation. The penalties also apply to officers or agents of corporations who make such checks on behalf of the corporation.

This document authorizes several legislative rules related to the Tax Commissioner. The rules include the valuation of producing and reserve oil, natural gas liquids, and natural gas for ad valorem property tax purposes, the West Virginia Film Industry Investment Act, the Farm-to-Food Bank tax credit, property transfer tax, municipal sales and use tax administration, and personnel rules for the Tax Division. The document specifies that certain rules were modified to address objections from the Legislative Rule-Making Review Committee and were refiled in the State Register on specific dates.