W. Va. Code R. § 106-21-4

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

Section 106-21-4 - Consumer Protection Bond

4.1. The consumer protection bond required by the sandbox shall be in place before an innovative product or service is made available to consumers.

4.2. The Commissioner may require a sandbox participant to increase or decrease its consumer protection bond depending upon the risk profile of the product or service and the number of consumers served. In no event shall a bond amount be less that that required by statute.