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

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

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

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