§ 23.1-634 Prompt crediting and expeditious refunding of funds
Each eligible institution acting as an agent for students receiving grants under the Program shall promptly credit disbursed funds to student accounts following the institution’s verification of student eligibility and expeditiously distribute any refunds due recipients.
History
This law was first created in 1985. The record of its establishment is cataloged in chapter 359 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1985 “Acts” aren’t available online. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 2000, chapters 94 and 660; in 2016, chapter 588; in 2017, chapter 314.
1985, c. 359, § 23-38.17:1; 2000, cc. 94, 660; 2016, c. 588; 2017, c. 314.