West Virginia § 5-10-41 - 5-10-41. Allowance of regular interest on balances in funds.
Full text of West Virginia West Virginia Code § 5-10-41 — 5-10-41. Allowance of regular interest on balances in funds., with citation guidance and answers to common questions.
§ 5-10-41. 5-10-41. Allowance of regular interest on balances in funds.
The board of trustees shall, at the end of each calendar year, allow and credit regular interest on the balance at the beginning of that calendar year in each member's individual account in the members deposit fund and on the mean balances in the employers accumulation fund and the retirement reserve fund. The interest so allowed and credited shall be charged to the income fund.
Source: official West Virginia text · Last verified 2026-08-27
Frequently Asked Questions About West Virginia § 5-10-41
What does West Virginia Code § 5-10-41 cover?
Section 5-10-41 ("5-10-41. Allowance of regular interest on balances in funds.") 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 § 5-10-41?
A common citation format is "West Virginia Code § 5-10-41" (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 § 5-10-41 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.