W. Va. Code R. § 106-16-6

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 106-16-6 - Maintenance and Retention of Records

Whenever a bank enters into a lease financing transaction, the bank must identify any and all records associated with the lease financing transaction to distinguish them from those records maintained by the bank on its loans. A bank shall maintain all records associated with a bank's lease financing transactions separately from those records associated with a bank's loan transactions.