Written by Your 5News Team
Last updated on February 15, 2013 @ 7:44PM
Created on February 15, 2013 @ 3:10PM
CHARLESTON, W.Va. (AP) - West Virginia's attorney general is joining other states that are challenging a section of federal bankruptcy law.
Attorney General Patrick Morrisey has also filed a friend of the court brief in the U.S. Supreme Court challenging New York's tough new gun law, according to media reports.
The bankruptcy challenge involves the Dodd-Frank Act. A section of the law allows the federal government to decide which of a bankrupt company's creditors to bail out.
Morrisey said West Virginia holds investments in many institutions that could be covered by the so-called bail-out provision.
Morrisey also announced Thursday the state is joining 19 other states to challenge a section of the New York gun law that requires residents to show a particular need before they can obtain a concealed weapons permit.
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