A. The Medical School is not required to pay any taxes or assessments upon any project acquired and constructed by the Medical School under the provisions of this chapter.
B. The bonds issued under the provisions of this chapter, their transfer, the income from such bonds, and the income from the transfer of such bonds, including any profit made on the sale of such bonds, are exempt from taxation by the Commonwealth and any political subdivision of the Commonwealth.
2016, c. 588.
Structure Code of Virginia
Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions
Chapter 30 - Eastern Virginia Medical School
§ 23.1-3001. Eastern Virginia Medical School established
§ 23.1-3002. Board; membership; officers; meetings; committees
§ 23.1-3003. Board; duties and powers
§ 23.1-3004. Medical School; powers
§ 23.1-3005. Medical School; exercise of powers
§ 23.1-3006. Medical School; duties
§ 23.1-3007. Medical School; powers and duties; bonds
§ 23.1-3009. Cooperation of localities
§ 23.1-3010. Proceeds; trust funds