State Codes and Statutes

Statutes > West-virginia > 19 > 19-3-4

§19-3-4. Suit on bond; limitation on recovery.
A person injured by the failure of a commission merchant to pay over the full amount received on any sale, less commissions and charges may recover on the bond of the commission merchant the amount due him by a suit brought in the name of the state of West Virginia for the use of the injured person. No recovery shall be had on the bond in excess of the penalty thereof. In case of multiple claims in excess of the bond, each claimant shall recover his pro rata share.

State Codes and Statutes

Statutes > West-virginia > 19 > 19-3-4

§19-3-4. Suit on bond; limitation on recovery.
A person injured by the failure of a commission merchant to pay over the full amount received on any sale, less commissions and charges may recover on the bond of the commission merchant the amount due him by a suit brought in the name of the state of West Virginia for the use of the injured person. No recovery shall be had on the bond in excess of the penalty thereof. In case of multiple claims in excess of the bond, each claimant shall recover his pro rata share.


State Codes and Statutes

State Codes and Statutes

Statutes > West-virginia > 19 > 19-3-4

§19-3-4. Suit on bond; limitation on recovery.
A person injured by the failure of a commission merchant to pay over the full amount received on any sale, less commissions and charges may recover on the bond of the commission merchant the amount due him by a suit brought in the name of the state of West Virginia for the use of the injured person. No recovery shall be had on the bond in excess of the penalty thereof. In case of multiple claims in excess of the bond, each claimant shall recover his pro rata share.

Categories