West Virginia Code § 38-12-3

Release by trustee when unnamed persons are secured; publication;
Open in Lexace · Ask the AI about this section
effect.
If a trustee in a trust deed which secures persons not named in the trust deed shall publish,
as hereinafter provided, a notice that he will, on a day named in such notice, such day to be
not more than thirty nor less than ten days after the last publication of such notice, release
such trust deed, such trustee may execute such release and make distributioen of any funds
in his hands as such trustee without any liability to any person not named in the trust deed
nor known to the trustee to be a beneficiary of the trust. Such notice shrall be published as a
Class II legal advertisement in compliance with the provisions of article three, chapter fifty-
nine of this code, and the publication area for such publication shall be the county in which
such trust deed is recorded.

‹ Prev All West Virginia sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.