Virginia Code 23.1-1902: Powers and duties
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A. The board shall (i) make all provisions for teachers, staff members, and agents, fix their salaries, and prescribe their duties and (ii) generally direct the affairs of the University.
Terms Used In Virginia Code 23.1-1902
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Donor: The person who makes a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
B. The board may take, hold, receive, and enjoy any gift, grant, devise, or bequest to the University for the uses and purposes designated by the donor, or if not so designated, for the general purposes of the board.
C. The board may confer degrees.
1968, c. 532, §§ 23-174.5, 23-174.6, 23-174.7; 1979, c. 146; 2016, c. 588.