West VirginiaBanks can use shared-account forms without the banking commissioner's approval
West Virginia banks can use forms for accounts shared by two or more people without getting approval from the state banking commissioner.
What it does
West Virginia banks may use forms for shared accounts without the state banking commissioner's approval. The law took effect June 10, 2026.
Argument forBanks could spend less time seeking approval when preparing forms for shared accounts, making that paperwork simpler to handle.
Argument againstAccount forms could receive less state review before customers sign them because banks no longer need the banking commissioner's approval.
More detail
Banks may use forms for shared accounts without approval from the state banking commissioner. This applies to forms West Virginia banking institutions use for accounts shared by two or more people. The law took effect June 10, 2026.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 25Chapter 150, Acts, Regular Session, 2026Latest
- Mar 25Approved by Governor Patrick Morrisey 3/25/2026Major
- Mar 18To Governor 3/18/2026To Governor
- Mar 14Approved by Governor Patrick Morrisey 3/25/2026 - House JournalMajor
- Mar 14Approved by Governor Patrick Morrisey 3/25/2026 - Senate JournalBecame Law
- Mar 14To Governor 3/18/2026 - Senate JournalMinor
- Mar 14Effective ninety days from passage
- Mar 13House Message received
- Mar 13Completed legislative action
- Mar 12Communicated to Senate
- Vote recorded PASSAGE. Result: pass.Lower
- Mar 12Passed House (Roll No. 428)Passed House
- Mar 12Read 3rd timeMinor
- Mar 12On 3rd reading, Special Calendar
- Mar 11Read 2nd timeMinor
- Mar 11On 2nd reading, Special Calendar
- Mar 10Read 1st timeMinor
- Mar 10Immediate consideration
- Mar 10Do pass
- Feb 4To House FinanceMinor
- Feb 4To FinanceMinor
- Feb 4Introduced in HouseMinor
- Feb 4House received Senate message
- Feb 3Communicated to House
- Vote recorded Passage. Result: pass.Upper
- Feb 3Passed Senate (Roll No. 40)Passed Senate
- Feb 3Read 3rd timeMinor
- Feb 3On 3rd reading
- Feb 2Read 2nd timeMinor
- Feb 2On 2nd reading
- Jan 30Read 1st timeMinor
- Jan 30On 1st reading
- Jan 29Reported do passMinor
- Jan 22To Banking and InsuranceMinor
- Jan 22Introduced in SenateMinor
- Jan 22To Banking and InsuranceMinor
- Jan 22Filed for introductionIntroduced
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