{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5511.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5511.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5511.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5511.html"}],"law_id":57400,"edition_id":1,"section_id":57400,"structure_id":15055,"section_number":"15.2-5511","catch_line":"Directors; qualifications; terms; vacancies; compensation and expenses; quorum; records; certification and distribution of report concerning bond issuance","history":"2002, c. 791.","full_text":"The Authority shall be governed by a board of directors in which all powers of the Authority shall be vested. Directors shall be appointed initially for staggered terms of one, two, three and four years. Subsequent appointments shall be for terms of four years, except appointments to fill vacancies shall be for the unexpired terms. All terms of office shall be deemed to commence upon the date of the initial appointment to the Authority, and thereafter, in accordance with the provisions of the preceding sentence. If, at the end of any term of office of any director a successor thereto has not been appointed, then the director whose term of office has expired shall continue to hold office until his successor is appointed and qualified. Each director shall, upon appointment or reappointment, before entering upon his duties take and subscribe the oath prescribed by \u00a7 49-1.\n\t\tThe directors shall elect from their membership a chairman, a vice-chairman, and from their membership or not, as they desire, a secretary and a treasurer, or a secretary-treasurer, who shall continue to hold such office until their respective successors are elected. Subject to availability of funds, the directors shall receive no salary but the directors may be compensated such amount per regular, special, or committee meeting as may be approved by the appointing authority, not to exceed fifty dollars per meeting, and shall be reimbursed for necessary traveling and other expenses incurred in the performance of their duties. A majority of Authority members shall constitute a quorum of the board for the purposes of conducting its business and exercising its powers and for all other purposes. No vacancy in the membership of the board shall impair the right of a quorum to exercise all the powers and perform all the duties of the Authority. The Authority shall keep detailed minutes of its proceedings, which shall be open to public inspection at all times. It shall keep suitable records of its financial transactions and, unless exempted by \u00a7 30-140, it shall arrange to have the records audited annually. Copies of each such audit shall be furnished to the governing bodies of the participating localities and shall be open to public inspection.","order_by":null,"text":{"0":{"id":210338,"text":"The Authority shall be governed by a board of directors in which all powers of the Authority shall be vested. Directors shall be appointed initially for staggered terms of one, two, three and four years. Subsequent appointments shall be for terms of four years, except appointments to fill vacancies shall be for the unexpired terms. All terms of office shall be deemed to commence upon the date of the initial appointment to the Authority, and thereafter, in accordance with the provisions of the preceding sentence. If, at the end of any term of office of any director a successor thereto has not been appointed, then the director whose term of office has expired shall continue to hold office until his successor is appointed and qualified. Each director shall, upon appointment or reappointment, before entering upon his duties take and subscribe the oath prescribed by \u00a7 49-1.\n\t\tThe directors shall elect from their membership a chairman, a vice-chairman, and from their membership or not, as they desire, a secretary and a treasurer, or a secretary-treasurer, who shall continue to hold such office until their respective successors are elected. Subject to availability of funds, the directors shall receive no salary but the directors may be compensated such amount per regular, special, or committee meeting as may be approved by the appointing authority, not to exceed fifty dollars per meeting, and shall be reimbursed for necessary traveling and other expenses incurred in the performance of their duties. A majority of Authority members shall constitute a quorum of the board for the purposes of conducting its business and exercising its powers and for all other purposes. No vacancy in the membership of the board shall impair the right of a quorum to exercise all the powers and perform all the duties of the Authority. The Authority shall keep detailed minutes of its proceedings, which shall be open to public inspection at all times. It shall keep suitable records of its financial transactions and, unless exempted by \u00a7 30-140, it shall arrange to have the records audited annually. Copies of each such audit shall be furnished to the governing bodies of the participating localities and shall be open to public inspection.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15055,"edition_id":1,"name":"Southside Virginia Tourism Development Authority","identifier":"55.1","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:51:49","date_modified":"2026-06-26 03:51:49","permalink":{"id":159517,"object_type":"structure","relational_id":15055,"identifier":"55.1","token":"15.2\/IV\/55.1","url":"\/15.2\/IV\/55.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12721,"edition_id":1,"name":"Other Governmental Entities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12720,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":157897,"object_type":"structure","relational_id":12721,"identifier":"IV","token":"15.2\/IV","url":"\/15.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12720,"edition_id":1,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":151279,"object_type":"structure","relational_id":12720,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":75235,"structure_id":15055,"section_number":"15.2-5509","catch_line":"Definitions","url":"\/15.2-5509\/","token":"15.2\/IV\/55.1\/15.2-5509","metadata":false},{"id":74266,"structure_id":15055,"section_number":"15.2-5510","catch_line":"Southside Virginia Tourism Development Authority created","url":"\/15.2-5510\/","token":"15.2\/IV\/55.1\/15.2-5510","metadata":false},{"id":57400,"structure_id":15055,"section_number":"15.2-5511","catch_line":"Directors; qualifications; terms; vacancies; compensation and expenses; quorum; records; certification and distribution of report concerning bond issuance","url":"\/15.2-5511\/","token":"15.2\/IV\/55.1\/15.2-5511","metadata":false},{"id":70549,"structure_id":15055,"section_number":"15.2-5512","catch_line":"Powers of Authority","url":"\/15.2-5512\/","token":"15.2\/IV\/55.1\/15.2-5512","metadata":false},{"id":62121,"structure_id":15055,"section_number":"15.2-5513","catch_line":"Executive director; staff","url":"\/15.2-5513\/","token":"15.2\/IV\/55.1\/15.2-5513","metadata":false},{"id":81695,"structure_id":15055,"section_number":"15.2-5514","catch_line":"Application for and acceptance of gifts and grants","url":"\/15.2-5514\/","token":"15.2\/IV\/55.1\/15.2-5514","metadata":false},{"id":68903,"structure_id":15055,"section_number":"15.2-5515","catch_line":"Provisions of chapter controlling over other statutes and charters","url":"\/15.2-5515\/","token":"15.2\/IV\/55.1\/15.2-5515","metadata":false}],"previous_section":{"id":74266,"structure_id":15055,"section_number":"15.2-5510","catch_line":"Southside Virginia Tourism Development Authority created","url":"\/15.2-5510\/","token":"15.2\/IV\/55.1\/15.2-5510","metadata":false},"next_section":{"id":70549,"structure_id":15055,"section_number":"15.2-5512","catch_line":"Powers of Authority","url":"\/15.2-5512\/","token":"15.2\/IV\/55.1\/15.2-5512","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5511\/","history_text":"

This law was first created in 2002. The record of its establishment is cataloged in chapter 791<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":[{"id":64128,"section_number":"30-140","catch_line":"Certain political subdivisions to file report of audit; period in which report kept as public record; when audit not required; sworn statement of exempted entities; publication of summary of financial condition; repeal of conflicting provisions","order_by":null,"url":"\/30-140\/"},{"id":80797,"section_number":"49-1","catch_line":"Form of general oath required of officers","order_by":null,"url":"\/49-1\/"}],"permalink":{"id":159527,"object_type":"law","relational_id":57400,"identifier":"15.2-5511","token":"15.2\/IV\/55.1\/15.2-5511","url":"\/15.2-5511\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5511\/","token":"15.2\/IV\/55.1\/15.2-5511","dublin_core":{"Title":"Directors; qualifications; terms; vacancies; compensation and expenses; quorum; records; certification and distribution of report concerning bond issuance","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5511","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The Authority<\/span> shall be governed by a board of directors in which all powers of the Authority<\/span> shall be vested. Directors shall be appointed initially for staggered terms of one, two, three and four years. Subsequent appointments shall be for terms of four years, except appointments to fill vacancies shall be for the unexpired terms. All terms of office shall be deemed to commence upon the date of the initial appointment to the Authority<\/span>, and thereafter, in accordance with the provisions of the preceding sentence. If, at the end of any term of office of any director a successor thereto has not been appointed, then the director whose term of office has expired shall continue to hold office until his successor is appointed and qualified. Each director shall, upon appointment or reappointment, before entering upon his duties take and subscribe the oath<\/span> prescribed by \u00a7 49-1<\/a>.\n\t\tThe directors shall elect from their membership a chairman, a vice-chairman, and from their membership or not, as they desire, a secretary and a treasurer, or a secretary-treasurer, who shall continue to hold such office until their respective successors are elected. Subject to availability of funds, the directors shall receive no salary but the directors may be compensated such amount per regular, special, or committee meeting as may be approved by the appointing authority<\/span>, not to exceed fifty dollars per meeting, and shall be reimbursed for necessary traveling and other expenses incurred in the performance of their duties. A majority of Authority<\/span> members shall constitute a quorum of the board for the purposes of conducting its business and exercising its powers and for all other purposes. No vacancy in the membership of the board shall impair the right of a quorum to exercise all the powers and perform all the duties of the Authority<\/span>. The Authority<\/span> shall keep detailed minutes of its proceedings, which shall be open to public inspection at all times. It shall keep suitable records of its financial transactions and, unless exempted by \u00a7 30-140<\/a>, it shall arrange to have the records audited annually. Copies of each such audit shall be furnished to the governing bodies of the participating localities and shall be open to public inspection.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDIRECTORS; QUALIFICATIONS; TERMS; VACANCIES; COMPENSATION AND EXPENSES; QUORUM;\nRECORDS; CERTIFICATION AND DISTRIBUTION OF REPORT CONCERNING BOND ISSUANCE (\u00a7\n15.2-5511)\n\nThe Authority shall be governed by a board of directors in which all powers of\nthe Authority shall be vested. Directors shall be appointed initially for\nstaggered terms of one, two, three and four years. Subsequent appointments shall\nbe for terms of four years, except appointments to fill vacancies shall be for\nthe unexpired terms. All terms of office shall be deemed to commence upon the\ndate of the initial appointment to the Authority, and thereafter, in accordance\nwith the provisions of the preceding sentence. If, at the end of any term of\noffice of any director a successor thereto has not been appointed, then the\ndirector whose term of office has expired shall continue to hold office until\nhis successor is appointed and qualified. Each director shall, upon appointment\nor reappointment, before entering upon his duties take and subscribe the oath\nprescribed by \u00a7 49-1.\n\t\tThe directors shall elect from their membership a chairman, a vice-chairman,\nand from their membership or not, as they desire, a secretary and a treasurer,\nor a secretary-treasurer, who shall continue to hold such office until their\nrespective successors are elected. Subject to availability of funds, the\ndirectors shall receive no salary but the directors may be compensated such\namount per regular, special, or committee meeting as may be approved by the\nappointing authority, not to exceed fifty dollars per meeting, and shall be\nreimbursed for necessary traveling and other expenses incurred in the\nperformance of their duties. A majority of Authority members shall constitute a\nquorum of the board for the purposes of conducting its business and exercising\nits powers and for all other purposes. No vacancy in the membership of the board\nshall impair the right of a quorum to exercise all the powers and perform all\nthe duties of the Authority. The Authority shall keep detailed minutes of its\nproceedings, which shall be open to public inspection at all times. It shall\nkeep suitable records of its financial transactions and, unless exempted by \u00a7\n30-140, it shall arrange to have the records audited annually. Copies of each\nsuch audit shall be furnished to the governing bodies of the participating\nlocalities and shall be open to public inspection.\n\nHISTORY: 2002, c. 791.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}