Virginia Code 23.1-3010: (Effective until date pursuant to Acts 2023, cc. 756 and 778, cl. 5) Proceeds; trust funds
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All moneys received by the Medical School pursuant to this chapter, whether as proceeds from the sale of bonds or as revenues, are trust funds to be held and applied solely as provided in this chapter.
Terms Used In Virginia Code 23.1-3010
- Bonds: includes bonds, notes, revenue certificates, lease participation certificates, and other evidences of indebtedness, payment obligations, or deferred purchase financing arrangements. See Virginia Code 23.1-3000
- Medical School: means the Eastern Virginia Medical School. See Virginia Code 23.1-3000
2016, c. 588.