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Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
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Title15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS |
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PARTII. CORPORATIONS |
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SUBPARTB. BUSINESS CORPORATIONS |
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ARTICLEC. DOMESTIC BUSINESS CORPORATION ANCILLARIES |
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CHAPTER31. INSURANCE CORPORATIONS |
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SUBCHAPTERC. OFFICERS, DIRECTORS AND SHAREHOLDERS |
§3131. Directors.
Latest version.
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(a) Qualifications.--Two-thirds of the directors of an insurance corporation shall be citizens of the United States.
(b) Number.--The board of directors of an insurance corporation shall consist of not less than seven members.
Notation
Cross References. Section 3131 is referred to in sections 1722, 1723 of this title.