6.2-1079 - (Effective October 1, 2010) Directors or managers. - Virginia Statutes

§ 6.2-1079. (Effective October 1, 2010) Directors or managers.

The affairs of every private trust company shall be directed by a board ofdirectors if a corporation, or managers if a limited liability company,consisting of not less than five nor more than 25 persons. At least onedirector or manager shall be a citizen of the Commonwealth.

(2003, c. 910, § 6.1-32.30:6; 2010, c. 794.)