Code of Virginia
Chapter 11 - Bonds and Other Obligations
§ 23.1-1101. Powers of institutions vested in majority of members of board; quorum

The powers of each institution derived directly or indirectly from this chapter are vested in and may be exercised by a majority of the members of its board, and a majority of such board constitutes a quorum for the transaction of any business authorized by this chapter.
1933, p. 83, § 23-14; 1946, p. 183; 1956, c. 373; 1960, c. 180; 1962, c. 69; 1964, cc. 358, 440, 635; 1966, c. 616; 1972, cc. 550, 861; 1974, c. 317; 1975, c. 396; 1976, c. 189; 1977, cc. 296, 319, 668; 1979, cc. 136, 145; 1987, c. 329; 1992, c. 103; 1999, cc. 424, 437; 2000, cc. 108, 671; 2001, c. 578; 2002, cc. 87, 158, 257, 478; 2004, cc. 176, 195, 857; 2005, cc. 774, 799; 2006, cc. 808, 842; 2008, c. 56; 2013, c. 805; 2015, cc. 369, 542; 2016, c. 588.

Structure Code of Virginia

Code of Virginia

Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions

Chapter 11 - Bonds and Other Obligations

§ 23.1-1100. Definitions

§ 23.1-1101. Powers of institutions vested in majority of members of board; quorum

§ 23.1-1102. Purpose of institutions

§ 23.1-1103. Institutions; powers generally

§ 23.1-1104. Institutions; powers; projects and bonds

§ 23.1-1105. Institutions; powers; borrowing upon endowment and other investments

§ 23.1-1106. Bonds generally

§ 23.1-1107. Bondholders; remedies and trustees

§ 23.1-1108. Bonds mutilated, lost, or destroyed

§ 23.1-1109. Bonds and revenues; disposition

§ 23.1-1110. Bonds as legal investments

§ 23.1-1111. Bonds; prohibition against obligating Commonwealth

§ 23.1-1112. Bonds; interest

§ 23.1-1113. Bonds; surplus to be paid into state treasury

§ 23.1-1114. Projects; accounts to be kept by boards

§ 23.1-1115. Projects; exemption from taxation

§ 23.1-1116. Commonwealth not to limit revenues of institutions

§ 23.1-1117. Borrowing to purchase real estate

§ 23.1-1118. Discretion of Governor in granting or withholding consent or approval

§ 23.1-1119. Payment of interest on bonds of the Commonwealth held by public institutions of higher education and private institutions of higher education

§ 23.1-1120. Exchange and cancellation of consol coupon bonds of the Commonwealth

§ 23.1-1121. Certificates of indebtedness

§ 23.1-1122. Provisions of chapter to control