Code of Virginia - Title 38.2 Insurance - Section 38.2-4508 Board of directors of nonstock corporation

§ 38.2-4508. Board of directors of nonstock corporation

Notwithstanding the provisions of § 13.1-855, a nonstock corporation shall have a board of directors consisting of at least twelve but no more than twenty members. A majority of the members of the board of directors of a nonstock corporation operating a dental services plan shall be participating dentists. A majority of the members of the board of directors of a nonstock corporation operating an optometric services plan shall be participating optometrists.

(1980, c. 682, § 38.1-898; 1986, c. 562; 1987, c. 520.)

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Last modified: April 16, 2009