                                 CODE OF VIRGINIA

BOARD OF DIRECTORS OF CORPORATION OPERATING PLAN (§ 38.2-4406)

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.

HISTORY: 1978, c. 658, § 38.1-796; 1982, c. 387; 1986, c. 562.