78834538.2-4212Virginia Decodedhttps://vacode.org2016InsuranceHealth Services PlansIn GeneralBoard of directors of nonstock corporation operating planCode 1950, §§ 32-195.5:1, 32-195.5:2; 1972, c. 429, §§ 38.1-816, 38.1-817; 1974, c. 54; 1979, c. 721; 1980, c. 682; 1982, c. 129; 1985, c. 233; 1986, c. 562.http://law.lis.virginia.gov/vacode/38.2-4212/13.1-853Requirement for and duties of board of directors/13.1-853/13.1-854Qualification of directors/13.1-854/13.1-855Number and election of directors/13.1-855/38.2-4202Hospital services plans/38.2-4202/38.2-4203Medical or surgical services plans/38.2-4203/38.2-4204Merger of nonstock corporations/38.2-4204/38.2-4208Nonstock corporation not required to act as agent/38.2-4208//38.2-4212/38.2/42/1/38.2-4212Notwithstanding the provisions of §§ 13.1-853, 13.1-854 and 13.1-855, a nonstock corporation operating a plan pursuant to §§ 38.2-4202, 38.2-4203, 38.2-4204, or § 38.2-4208 shall be subject to the following:sectionAA1 Except as permitted by subsection B of this section, a majority of the members of the board of directors of the nonstock corporation shall be persons who are covered by subscription contracts issued by the nonstock corporation and who are not providers of health care services, or employees or salaried officers of the nonstock corporation.sectionA2A22Notwithstanding the provisions of §§ 13.1-853, 13.1-854 and 13.1-855, any nonstock corporation operating a plan pursuant to § 38.2-4203 may have a board of directors consisting of a majority of providers of health care services.sectionBB1This section shall not apply to any foreign nonstock corporation licensed in this Commonwealth on or before July 1, 1980.sectionDD1