Va. Code § 23.1-3209
Authority to contract debts and obligations payable from revenues
Virginia · Code of Virginia Title 23.1 — Institutions of Higher Education; Other Educational and Cultural Institutions · Status: effective
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- Citation
- Va. Code § 23.1-3209, Authority to contract debts and obligations payable from revenues, Virginia, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1409693
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Full text
The Foundation, acting by and through the corporation authorized by § 23.1-3207 , may contract debts and obligations to the extent of its anticipated revenues. Such debts and obligations shall be paid only from the revenues of the Foundation.