# Building Societies Act 1986, Section 58: Directors: number.


(1) Every building society shall have at at least two directors.
(2) One of the directors shall be appointed to be chairman of the board of directors.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/section/58 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/section-58
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.