Virginia Code 23.1-1222: Expenses of administering article.
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All expenses incurred in carrying out the provisions of this article shall be payable solely from funds provided under the provisions of this article, and no liability or obligation shall be incurred by the Authority pursuant to this article beyond the extent to which moneys have been provided under the provisions of this article.
Terms Used In Virginia Code 23.1-1222
- Authority: means the Virginia College Building Authority established in § Virginia Code 23.1-1220
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
1972, c. 686, § 23-30.43; 2016, c. 588.