Board of directors of nonstock corporation

Va. Code Ann. § 38.2-4508
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/38.2-4508/Fetched: 10/16/2026

Starting a business in Virginia? Virginia LLC guide: costs and requirements