Source: http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=hb2939%20enr.htm&yr=2005&sesstype=RS&i=2939
Timestamp: 2017-12-11 04:28:17
Document Index: 81034764

Matched Legal Cases: ['§12', '§12', '§44', '§12', '§12', '§44']

hb2939 enr
H. B. 2939
(By Delegates Ron Thompson and Perry)
[Passed April 9, 2005; in effect from passage]
AN ACT to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §12-1-12b; to amend and reenact §12-3A-3 of said code; and to amend and reenact §44-1-28, all relating generally to the administration of moneys held by the state; establishing specific authorization for the State Treasurer to continue as the authorized official and representative as part of the cash management duties; allowing the auditor and treasurer to accept electronic submittal of documents without certification, notarization or verification under certain circumstances; and authorizing the treasurer to remit property to heirs under certain circumstances and establishing effect of such remittance.
That the Code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §12-1-12b; that §12-3A-3 of said code be amended and reenacted; and that §44-1-28 of said code be amended and reenacted, all to read as follows:
The State Auditor and the State Treasurer shall implement electronic commerce capabilities for each of their offices to facilitate the performance of their duties under this code. The State Treasurer shall competitively bid the selection of vendors needed to provide the necessary banking, investment and related goods and services, and the provisions of article one-b, chapter five, and articles three and seven, chapter five-a of this code shall not apply, unless requested by the State Auditor or State Treasurer.
A record, an authentication, a document or a signature received, issued or used by the Auditor or the Treasurer shall be considered an original and may not be denied legal effect on the ground that it is in electronic form. The Auditor and Treasurer may accept a document for the receipt or disbursements of moneys requiring certification, notarization or verification in an electronic format without the certification, notarization or verification.
The head of each spending unit is responsible for adopting and implementing security procedures to ensure adequate integrity, security, confidentiality, and auditability of the business transactions of his or her spending unit when utilizing electronic commerce.
(a) When there is due from the State of West Virginia, any of its political subdivisions, the United States, or any employer, as pension or money allowed for burial expenses, or money, wages or salary due from any employer to a deceased employee, upon whose estate there has been no qualification, a sum of not exceeding one thousand dollars, it shall be lawful for the State of West Virginia, any of its political subdivisions, the United States, or such employer, after one hundred and twenty days from the death of said person to whom such money is due, to pay said sum to his or her surviving consort, if any; if none such, then to the distributees of the said decedent under the laws of the State of West Virginia, whose receipt therefor shall be a full discharge and acquittance to all persons whomsoever on account of such sum.
(b) When the State Treasurer holds property in accordance with article eight, chapter thirty-six of this code on behalf of a decedent whose estate has no qualification or is closed and the amount of the property is five thousand dollars or less, the Treasurer may remit the property to the surviving spouse of the decedent, if any; and if no spouse survives the decedent, then to the distributees of the decedent under the laws of the State of West Virginia. Payment in accordance with this section is in full discharge and acquittance to all persons whomsoever on account of the property.