2015 Code of Virginia
Title 23 - Educational Institutions
§ 23-28. Surplus to be paid into state treasury

VA Code § 23-28 (2015) What's This?

When any institution shall have fully met and discharged its bonds, together with interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceedings by or on behalf of the holders of such bonds and shall have paid in full or otherwise discharged all its liabilities incurred pursuant to this chapter, such institution shall pay into the state treasury as now required by general law all such sum or sums of money received by it pursuant to the provisions of this chapter or derived from any project erected pursuant to this chapter as may then remain in its possession or control.

1933, p. 91.

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