W. Va. Code R. § 106-21-6

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

Section 106-21-6 - Applicability of Administrative Due Process Provisions

6.1. Existing administrative procedure laws and rules which are applicable to a particular program or body of law shall apply to the extent not inconsistent with the regulatory sandbox program. If a sandbox participant would have required a license as a money transmitter, for example, to operate outside of the sandbox, those administrative procedure laws applicable to money transmitters would apply.

6.2. If a sandbox participant offers a product or service that would normally require a license in more than one program or body of law, the Commissioner shall use the procedural laws and rules most applicable to the product or service at issue.