West Virginia § 51-6-5 - 51-6-5. Receiver's liability for funds and interest thereon.
Full text of West Virginia West Virginia Code § 51-6-5 — 51-6-5. Receiver's liability for funds and interest thereon., with citation guidance and answers to common questions.
§ 51-6-5. 51-6-5. Receiver's liability for funds and interest thereon.
He shall be liable for all moneys which may come into his hands as general receiver; and if at any time he shall fail to invest any sum of money, as required by the preceding sections, for the space of sixty days after the same shall be, or ought to have been, received by him or shall fail to pay out any sum of money, when required by the court to pay the same, for the space of sixty days after it shall come into his hands for the purpose of such payment, he shall be charged with interest thereon from the day when such money was, or ought to have been, received by him until such investment or payment is made, unless, upon good cause shown, the court shall order otherwise.
Source: official West Virginia text · Last verified 2026-08-27
Frequently Asked Questions About West Virginia § 51-6-5
What does West Virginia Code § 51-6-5 cover?
Section 51-6-5 ("51-6-5. Receiver's liability for funds and interest thereon.") is part of the West Virginia Code, the codified statutory law of West Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite West Virginia § 51-6-5?
A common citation format is "West Virginia Code § 51-6-5" (West Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of West Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the West Virginia official source linked on this page or consult a licensed West Virginia attorney.
How does West Virginia § 51-6-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in West Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in West Virginia.