Loading chat...

WV SB837

Bill

Official Source

Status

Introduced

2/9/2026

Primary Sponsor

Robbie Morris

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Expands the definition of fraudulent financing statements to include filings that contain material false statements or are groundless, in addition to those filed with intent to harass or defraud
  • Requires persons filing fraud affidavits to send certified mail notice to secured parties between 30 and 5 days before filing, including a copy of the financing statement
  • Grants the Secretary of State authority to administer oaths, issue subpoenas for witnesses and documents, and seek circuit court assistance in executing subpoena power for investigations
  • Authorizes the Attorney General to provide legal and investigative assistance to the Secretary of State upon request
  • Removes outdated transitional provisions that exempted records filed before the original effective date from criminal and civil penalties

Legislative Description

Relating to filing of fraudulent financing statement

Elections

Last Action

To Judiciary

2/9/2026

Committee Referrals

Judiciary2/9/2026

Full Bill Text

No bill text available