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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 23.1. Institutions of Higher Education; Other Educational and Cultural Institutions |
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SUBTITLE IV. Public Institutions of Higher Education |
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CHAPTER 25. Virginia Military Institute |
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SECTION 23.1-2503. Power to receive gifts, grants, devises, and bequests |
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The Institute, or the board on its behalf, may receive, take, hold, and enjoy any gift, grant, devise, or bequest made to the Institute or its board for charitable or educational purposes and use and administer any such gift, grant, devise, or bequest for the uses and purposes designated by the donor or for the general purposes of the Institute if no such designation is made. |