Code of Virginia § 6.2-1079. Directors or managers.
59 words·~1 min read·
/va/title-6-2/chapter-10/6-2-1079A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The affairs of every private trust company shall be directed by a board of directors if a corporation, or managers if a limited liability company, consisting of not less than five nor more than 25 persons. At least one director or manager shall be a citizen of the Commonwealth.
2003, c. 910 , § 6.1-32.30:6; 2010, c. 794 .