No member of the board of directors of the Association or of the board of directors of the stabilization reserve fund who is a public officer or employee shall forfeit his office or employment, or incur any loss or diminution in the rights and privileges associated with his office or employment, because of membership on either board.

Terms Used In Virginia Code 38.2-2911

  • Association: means the joint underwriting association established pursuant to the provisions of this chapter. See Virginia Code 38.2-2900

1988, cc. 769, 783.