Virginia Code 23.1-2428: Assets of Authority; reversion to University
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Upon dissolution of the Authority, all assets of the Authority, after satisfaction of creditors, shall revert to the University.
Terms Used In Virginia Code 23.1-2428
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Authority: means the Virginia Commonwealth University Health System Authority. See Virginia Code 23.1-2400
- University: means Virginia Commonwealth University. See Virginia Code 23.1-2400