1. MCA Contents
  2. TITLE 32
  3. CHAPTER 11
  4. Part 2
  5. 32-11-215 Board of directors

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 11. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS

Part 2. Licensure Procedures -- Board of Directors

Board Of Directors

32-11-215. Board of directors. (1) The board of directors of a licensee must have at least seven directors.

(2) The board of directors shall hold at least one meeting each calendar quarter.

History: En. Sec. 13, Ch. 411, L. 2007.