This bill amends the Code of West Virginia to authorize the State Auditor to promulgate a legislative rule concerning private trust companies. Specifically, it references a legislative rule that was filed in the State Register on August 13, 2024, and subsequently modified to address objections from the Legislative Rule-Making Review Committee before being refiled on October 17, 2024. The rule in question is identified as relating to private trust companies under the designation 155 CSR 12.

The bill serves to formalize the authority of the State Auditor in this matter, ensuring that the legislative rule regarding private trust companies is officially recognized and can be implemented. The text indicates that this section is new, and therefore, there are no deletions or existing legal language being altered.

Statutes affected:
Introduced Version: 64-9-1