Members serving on the Board on June 30, 1986, shall continue in their respective terms, and the Governor shall appoint the following additional members: one member for a one-year term, one member for a three-year term, two members for four-year terms, and two members for five-year terms. Thereafter, all appointments shall be for five-year terms beginning on July 1 of the year of appointment, provided that appointments to fill vacancies shall be for the unexpired term.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Virginia Code 42.1-3

  • Person: includes any individual, corporation, partnership, association, cooperative, limited liability company, trust, joint venture, government, political subdivision, or any other legal or commercial entity and any successor, representative, agent, agency, or instrumentality thereof. See Virginia Code 1-230

No person shall be eligible to serve as a member of the Board for more than two successive full terms.

Code 1950, § 42-35; 1968, c. 122; 1970, c. 606; 1986, c. 565.