Va. Code § 38.2-4406

Current with changes from the 2024 legislative session through ch. 845
Section 38.2-4406 - Board of directors of corporation operating plan

Notwithstanding the provisions of §§ 13.1-675 and 13.1-855, any corporation that operates any plan pursuant to the terms of this chapter shall have a board of directors consisting of no more than fifteen members of whom a majority shall be subscribers to the plan who are not providers of legal services and not employees or officers of any plan. This section does not apply to a plan operated by a group of attorneys except as provided in § 38.2-4403.

Va. Code § 38.2-4406

1978, c. 658, § 38.1-796; 1982, c. 387; 1986, c. 562.
Amended by Acts 1986, § c. 562.
Amended by Acts 1982, § c. 387.
Amended by Acts 1978, § c. 658, §38.1-796.