WEST VIRGINIA
Unit owners associations may adopt and amend budgets for revenues, expenditures, and reserves and collect assessments for common expenses from unit owners. Section 36B-3-102. Public offering statement must include the amount, or a statement that there is no amount, included in the budget as a reserve for repairs and replacement and statement of any other reserves. Section 36B-4-103.
There is no statutory requirement to conduct a reserve study and no statutory requirement to fund reserves.

additionally:  Community Associations Institute’s 2013 SUMMARY OF STATE RESERVE FUND LAWS

WVOHOA NOTICE: Missing in West Virginia law concerning HOAs is declarant/developer disclosure for long term maintenance by providing a capital reserve study covering 10-20-30- years at minimum prior to the Deed of Transfer for the HOA’s common areas.