Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-45 Bank to be managed by board of directors; number of directors

§ 6.1-45. Bank to be managed by board of directors; number of directors

The affairs of every bank or banking institution incorporated under the laws of this Commonwealth shall be managed by a board of directors which shall consist of not less than five persons.

(Code 1950, § 6-36; 1966, c. 584; 1996, c. 268.)

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Last modified: April 2, 2009