On or before December 15, the board shall post on its website and submit to the Governor, the Senate Committee on Finance and Appropriations, and the House Committees on Appropriations and Finance an annual statement of the receipts, disbursements, and current investments of the Plan for the preceding year. The report shall set forth a complete operating and financial statement covering the operation of the Plan during the year and shall include a statement of projected receipts, disbursements, investments, and costs for the further operation of the Plan.
1994, c. 661, § 23-38.84; 1995, c. 315; 2000, cc. 382, 400; 2005, c. 633; 2011, cc. 18, 26; 2016, c. 588.
Structure Code of Virginia
Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions
Chapter 7 - Virginia College Savings Plan and ABLE Savings Trust Accounts
§ 23.1-701. Plan established; moneys; governing board
§ 23.1-702. Advisory committees to the board; membership; terms; qualifications; duties
§ 23.1-703. Chief executive officer of the Plan
§ 23.1-704. Powers and duties of the board
§ 23.1-705. Board actions not a debt of Commonwealth
§ 23.1-706. Standard of care; investment and administration of the Plan
§ 23.1-707. Prepaid tuition contracts and college and ABLE savings trust agreements
§ 23.1-707.1. Prepaid tuition contracts; pricing reserves; limitations
§ 23.1-708. Assets of the Plan exempt from taxation
§ 23.1-710. Forms and audit of accounts and records
§ 23.1-711. Admission to institutions not guaranteed; coverage limitations