§ 932.15 - Minimum number of elective directorships.

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Under section 7(c) of the Act, the number of elective directorships allocated to members located in each State cannot be less than the number of directorships that were filled by the members from that State on December 31, 1960. The following list sets forth the States whose members held more than one (1) seat on December 31, 1960:
StateNo. of elective directorships on December 31, 1960California 3Colorado 2Illinois 4Indiana 5Iowa 2Kansas 3Kentucky 2Louisiana 2Massachusetts 3Michigan 3Minnesota 2Missouri 2New Jersey 4New York 4Ohio 4Oklahoma 2Pennsylvania 6Tennessee 2Texas 3Wisconsin 4

                    
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