Pledge of credit or collateral by endorser, guarantor or accommodator not to constitute investment in borrower

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.

Source: view the official text

In this chapter (40 sections)

11-21-4B · Same -- Taxable years beginning on or after January 1, 1970,…
11-21-4C · Rate of tax -- Taxable periods beginning on or after January…
11-21-4D · Rate of tax -- Taxable periods beginning on or after April…
11-21-4E · Rate of tax -- Taxable years beginning on or after January…
11-21-4F · Effect of rate changes during taxable year
11-21-4H · Future personal income tax reductions
11-21-4I · Rate of tax — Taxable years beginning on and after January…
11-21-5 · Optional tax for certain resident individuals
11-21-6 · Accounting periods and methods
11-21-7 · Resident and nonresident defined
11-21-8 · Credits against tax
11-21-8A · Credit for qualified rehabilitated buildings investment
11-21-8B · Definitions
11-21-8C · Procedures
11-21-8D · Standards
11-21-8E · Carryback, carryforward
11-21-8F · Disclosure of credit applications and grants
11-21-8G · Credit for qualified rehabilitated residential building…
11-21-8H · Distribution, sale, transfer or assignment of qualified…
11-21-9 · Meaning of terms
11-21-9A · Pledge of credit or collateral by endorser, guarantor or…
11-21-10 · Low income exclusion
11-21-10A · Adoption tax credit
11-21-11 · West Virginia taxable income of resident individual
11-21-12 · West Virginia adjusted gross income of resident individual
11-21-12A · Additional modification reducing federal adjusted gross…
11-21-12B · Combat pay exempt
11-21-12C · Deduction for long-term care insurance
11-21-12D · Additional modification reducing federal adjusted gross…
11-21-12E · Additional modification reducing federal adjusted gross…
11-21-12F · Additional modification increasing federal adjusted gross…
11-21-12G · Additional modification increasing federal adjusted gross…
11-21-12H · Repeal of section relating to Additional modification…
11-21-12I · Decreasing modification reducing federal adjusted gross…
11-21-12J · Modifications to federal adjusted income
11-21-12K · Additional modification reducing federal adjusted gross…
11-21-12L · Decreasing modification reducing federal adjusted gross…
11-21-12M · Additional modifications related to a Jumpstart Savings…
11-21-12N · Additional modification reducing federal adjusted gross…
11-21-13 · West Virginia deduction of resident individual

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