West Virginia § 19-4-22 - 19-4-22. Interest in other corporations or associations; warehouse receipts as collateral.
Full text of West Virginia West Virginia Code § 19-4-22 — 19-4-22. Interest in other corporations or associations; warehouse receipts as collateral., with citation guidance and answers to common questions.
§ 19-4-22. 19-4-22. Interest in other corporations or associations; warehouse receipts as collateral.
(a) An association may organize, form, operate, own, control, have an interest in, own stock of, or be a member of any other corporation or corporations, with or without capital stock, and engaged in qualified activities regarding the agricultural products, goods and services handled by the association, or the by-products thereof.
(b) If such corporations are warehousing corporations, they may issue legal warehouse receipts to the association against the commodities, goods and services delivered by it, or to any other person, and such legal warehouse receipts shall be considered as adequate collateral to the extent of the usual and current value of the commodity represented thereby. In case such warehouse is licensed or licensed and bonded under the laws of this or any other state or the United States, its warehouse receipt delivered to the association on commodities of the association or its members, or delivered by the association or its members, shall not be challenged or discriminated against because of ownership or control, wholly or in part, by the association.
Source: official West Virginia text · Last verified 2026-08-27
Frequently Asked Questions About West Virginia § 19-4-22
What does West Virginia Code § 19-4-22 cover?
Section 19-4-22 ("19-4-22. Interest in other corporations or associations; warehouse receipts as collateral.") 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 § 19-4-22?
A common citation format is "West Virginia Code § 19-4-22" (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 § 19-4-22 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.