Virginia Code 23.1-1204: Duties; administration of assets, moneys, or obligations.
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The Authority shall manage and administer all assets, moneys, or obligations set aside and transferred to it by the General Assembly or eligible institutions as provided in this article.
Terms Used In Virginia Code 23.1-1204
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Authority: means the Virginia College Building Authority. See Virginia Code 23.1-1200