Virginia Code 15.2-944: Authority to acquire and preserve places and things of historical interest.
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Any locality may acquire, except by condemnation, sites, landmarks, structures and records of historical interest and value to the Commonwealth and may restore and preserve them, or may convey them to a nonstock corporation chartered under Virginia law for the purposes of acquiring and preserving such places and things. A locality may appropriate money to any such corporation.
Terms Used In Virginia Code 15.2-944
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Locality: means a county, city, or town as the context may require. See Virginia Code 1-221
Code 1950, § 15-7.3; 1962, c. 333, § 15.1-18.1; 1997, c. 587.