2015 Code of Virginia
Title 23 - Educational Institutions
§ 23-9.14. Effect upon powers of governing boards of institutions; endowment funds
The powers of the governing boards of the several institutions over the affairs of such institutions shall not be impaired by the provisions of this chapter except to the extent that powers and duties are herein specifically conferred upon the State Council of Higher Education. The Council shall have no authority over the solicitation, investment or expenditure of endowment funds now held or in the future received by any of the public institutions of higher education.
1956, c. 311; 1974, c. 544.
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