2010 Code of Virginia
Title 6.2 - FINANCIAL INSTITUTIONS AND SERVICES.
Chapter 8 - Banks (6.2-800 thru 6.2-946)
6.2-860 - (Effective October 1, 2010) Bank to be managed by board of directors; number of directors.

§ 6.2-860. (Effective October 1, 2010) Bank to be managed by board of directors; number of directors.

The affairs of every bank incorporated under the laws of the Commonwealth shall be managed by a board of directors. The board shall consist of not less than five individuals.

(Code 1950, § 6-36; 1966, c. 584, § 6.1-45; 1996, c. 268; 2010, c. 794.)

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