Insurance Act
27. One-third of boards to be citizens of Kenya
27. One-third of boards to be citizens of Kenya
A person being a body corporate incorporated in Kenya with or without a share capital shall not be licensed and if licensed shall have his license cancelled, if at least one third of the members of his board of directors or managing board are not citizens of Kenya.[Act No. 12 of 1994, s. 6, Act No. 22 of 2017, s. 6, Act No. 10 of 2023, Sch.]Source: Kenya Law