W. Va. Code R. § 110-21-9a
Pledge Of Credit Or Collateral By Endorser, Guarantor Or Accommodator Not To Constitute Investment In Borrower
9a.1. Any person pledging his credit or collateral as an endorser, guarantor, or accommodator to another person or corporation for the purpose of assisting another in obtaining credit shall not be, or construed to be, an investor in said borrower as to the amount so borrowed, nor shall any payments by said borrower on the indebtedness be, or construed to be, dividend to the endorser, guarantor or accommodator.
Amendment history
4/2/1990
Source: view the official text
Nearby sections (25 sections)
- 110-17-13 · Audits
- 110-17-14 · Administrative Sanctions
- 110-17-15 · General Enforcement Provisions
- 110-21-1 · General
- 110-21-2 · Legislative Findings
- 110-21-3 · Imposition of Tax; Minimum Tax; Persons Subject To Tax
- 110-21-4 · Rate Of Tax
- 110-21-5 · Effect Of Rate Changes During A Taxable Year
- 110-21-6 · Accounting Periods And Methods
- 110-21-7 · Resident And Nonresident Defined
- 110-21-8 · Credits Against Tax
- 110-21-9 · Meaning Of Terms
- 110-21-9a · Pledge Of Credit Or Collateral By Endorser, Guarantor Or…
- 110-21-10 · Reserved For Future Use
- 110-21-11 · West Virginia Taxable Income Of Resident Individual
- 110-21-12 · West Virginia Adjusted Gross Income Of Resident Individual
- 110-21-12a · Additional Modification Reducing Federal Adjusted Gross…
- 110-21-12b · Modification For The Purchase Of Revenue Bonds Under An…
- 110-21-13 · West Virginia Deduction Of Resident Individual Abolished
- 110-21-14 · Reserved For Future Use
- 110-21-15 · Reserved For Future Use
- 110-21-16 · West Virginia Personal Exemptions Of A Resident Individual
- 110-21-17 · Resident Partners
- 110-21-17a · Resident Shareholders Of S Corporations
- 110-21-18 · West Virginia Taxable Income Of Resident Estate Or Trust