Professional corporations; includes certified interior designers in organizations managed by board. (HB1265)
Introduced By
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Professional corporations; board of directors. Includes interior designers in the types of professional organizations managed by a board of directors. The bill allows nonlicensed employee-directors to serve on the board of directors of a professional organization, provided they do not make up more than one-third of all of the members of the board of directors. Amends § 13.1-553 (“Board of directors.”), of the Code of Virginia. View Full Text »

