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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 13.1. Corporations |
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CHAPTER 10. Virginia Nonstock Corporation Act |
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ARTICLE 8. Directors and Officers |
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SECTION 13.1-854. Qualification of directors |
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The articles of incorporation or bylaws may prescribe qualifications for directors. Unless the articles of incorporation or bylaws so prescribe, a director need not be a resident of the Commonwealth or a member of the corporation. Code 1950, § 13.1-220; 1956, c. 428; 1983, c. 393; 1985, c. 522; 2007, c. 925 . |