Statutes, codes, and regulations
Code of Virginia
Title 23.1 - INSTITUTIONS OF HIGHER EDUCATION; OTHER EDUCATIONAL AND CULTURAL INSTITUTIONSSubtitle IV - PUBLIC INSTITUTIONS OF HIGHER EDUCATIONChapter 26 - VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY
Article 6 - GOVERNMENTAL AID AND INDIVIDUAL DONATIONS
Section 23.1-2638 - Institutions receiving interest accruing on proceeds of land scrip

Va. Code § 23.1-2638

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Current with changes from the 2024 legislative session through ch. 845
Section 23.1-2638 - Institutions receiving interest accruing on proceeds of land scrip

The annual accruing interest from the education fund resulting from the donation of lands by act of Congress on July 2, 1862, and the sale of such lands and the investment of the proceeds from such sale in state bonds by the Board of Education on February 7 and March 19, 1872, shall be paid one-third to Virginia State University and two-thirds to the University.

Va. Code § 23.1-2638

Code 1919, § 853, § 23-136; 1920, p. 492; 1979, c. 147; 2016, c. 588.
Added by Acts 2016 c. 588, § 1, eff. 10/1/2016.