Virginia Code 23.1-2638: Institutions receiving interest accruing on proceeds of land scrip.
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The annual accruing interest from the education fund resulting from the donation of lands by act of Congress on July 2, 1862, and the sale of such lands and the investment of the proceeds from such sale in state bonds by the Board of Education on February 7 and March 19, 1872, shall be paid one-third to Virginia State University and two-thirds to the University.
Terms Used In Virginia Code 23.1-2638
- State: when applied to a part of the United States, includes any of the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands, and the United States Virgin Islands. See Virginia Code 1-245
Code 1919, § 853, § 23-136; 1920, p. 492; 1979, c. 147; 2016, c. 588.