{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/2.2-2262.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/2.2-2262.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/2.2-2262.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/2.2-2262.html"}],"law_id":68559,"edition_id":1,"section_id":68559,"structure_id":13466,"section_number":"2.2-2262","catch_line":"Board of directors","history":"1981, c. 569, \u00a7 2.1-234.25; 1993, Sp. Sess., c. 1; 1996, c. 835; 1998, cc. 498, 504; 2001, c. 844.","full_text":"The powers of the Authority shall be exercised by a governing body consisting of the members of the Authority acting as a board. The Board shall elect from its membership a vice-chairman, treasurer and secretary. The offices of secretary and treasurer may be combined. The Board may elect such other officers who need not be a member of the Board.\n\t\tFour members shall constitute a quorum of the Board for the purpose of organizing the Authority, conducting its business, and for all other purposes. All actions shall be taken by vote of a majority of the members of the Board, unless Authority bylaws require a larger number.\n\t\tThe Board shall have full authority to manage the properties and business of the Authority, and to prescribe, amend, and repeal bylaws, rules, and regulations governing the manner in which the business of the Authority may be conducted, and the powers granted to it may be exercised. The Board may assign to the Treasury Board or the State Treasurer such powers and duties as it deems proper.","order_by":null,"text":{"0":{"id":248170,"text":"The powers of the Authority shall be exercised by a governing body consisting of the members of the Authority acting as a board. The Board shall elect from its membership a vice-chairman, treasurer and secretary. The offices of secretary and treasurer may be combined. The Board may elect such other officers who need not be a member of the Board.\n\t\tFour members shall constitute a quorum of the Board for the purpose of organizing the Authority, conducting its business, and for all other purposes. All actions shall be taken by vote of a majority of the members of the Board, unless Authority bylaws require a larger number.\n\t\tThe Board shall have full authority to manage the properties and business of the Authority, and to prescribe, amend, and repeal bylaws, rules, and regulations governing the manner in which the business of the Authority may be conducted, and the powers granted to it may be exercised. The Board may assign to the Treasury Board or the State Treasurer such powers and duties as it deems proper.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13466,"edition_id":1,"name":"Virginia Public Building Authority","identifier":"6","label":"article","depth":5,"order_by":1,"parent_id":13344,"metadata":{},"date_created":"2026-06-26 03:44:57","date_modified":"2026-06-26 03:44:57","permalink":{"id":174383,"object_type":"structure","relational_id":13466,"identifier":"6","token":"2.2\/I\/D\/22\/6","url":"\/2.2\/I\/D\/22\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13344,"edition_id":1,"name":"Authorities","identifier":"22","label":"chapter","depth":4,"order_by":1,"parent_id":12785,"metadata":{},"date_created":"2026-06-26 03:44:41","date_modified":"2026-06-26 03:44:41","permalink":{"id":173945,"object_type":"structure","relational_id":13344,"identifier":"22","token":"2.2\/I\/D\/22","url":"\/2.2\/I\/D\/22\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12785,"edition_id":1,"name":"State Authorities, Boards, Commissions, Councils, Foundations and Other Collegial Bodies","identifier":"D","label":"part","depth":3,"order_by":1,"parent_id":12784,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":173913,"object_type":"structure","relational_id":12785,"identifier":"D","token":"2.2\/I\/D","url":"\/2.2\/I\/D\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12784,"edition_id":1,"name":"Organization of State Government","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12749,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":171455,"object_type":"structure","relational_id":12784,"identifier":"I","token":"2.2\/I","url":"\/2.2\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12749,"edition_id":1,"name":"Administration of Government","identifier":"2.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":171453,"object_type":"structure","relational_id":12749,"identifier":"2.2","token":"2.2","url":"\/2.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":83401,"structure_id":13466,"section_number":"2.2-2260","catch_line":"Short title; definition","url":"\/2.2-2260\/","token":"2.2\/I\/D\/22\/6\/2.2-2260","metadata":false},{"id":82089,"structure_id":13466,"section_number":"2.2-2261","catch_line":"Virginia Public Building Authority created; purpose; membership; terms; expenses; staff","url":"\/2.2-2261\/","token":"2.2\/I\/D\/22\/6\/2.2-2261","metadata":false},{"id":68559,"structure_id":13466,"section_number":"2.2-2262","catch_line":"Board of directors","url":"\/2.2-2262\/","token":"2.2\/I\/D\/22\/6\/2.2-2262","metadata":false},{"id":60152,"structure_id":13466,"section_number":"2.2-2263","catch_line":"Powers and duties of Authority; limitations","url":"\/2.2-2263\/","token":"2.2\/I\/D\/22\/6\/2.2-2263","metadata":false},{"id":77102,"structure_id":13466,"section_number":"2.2-2264","catch_line":"Revenue bonds generally","url":"\/2.2-2264\/","token":"2.2\/I\/D\/22\/6\/2.2-2264","metadata":false},{"id":54430,"structure_id":13466,"section_number":"2.2-2265","catch_line":"Trust agreement securing bonds","url":"\/2.2-2265\/","token":"2.2\/I\/D\/22\/6\/2.2-2265","metadata":false},{"id":85958,"structure_id":13466,"section_number":"2.2-2266","catch_line":"Rents, fees and charges for financing or refinancing, services or use of facilities; use and disposition of revenues","url":"\/2.2-2266\/","token":"2.2\/I\/D\/22\/6\/2.2-2266","metadata":false},{"id":62184,"structure_id":13466,"section_number":"2.2-2267","catch_line":"Moneys received deemed trust funds","url":"\/2.2-2267\/","token":"2.2\/I\/D\/22\/6\/2.2-2267","metadata":false},{"id":82045,"structure_id":13466,"section_number":"2.2-2268","catch_line":"Proceedings by bondholder or trustee to enforce rights","url":"\/2.2-2268\/","token":"2.2\/I\/D\/22\/6\/2.2-2268","metadata":false},{"id":65101,"structure_id":13466,"section_number":"2.2-2269","catch_line":"Bonds made securities for investment and deposit","url":"\/2.2-2269\/","token":"2.2\/I\/D\/22\/6\/2.2-2269","metadata":false},{"id":59717,"structure_id":13466,"section_number":"2.2-2270","catch_line":"Revenue refunding bonds; bonds for refunding and for cost of additional projects","url":"\/2.2-2270\/","token":"2.2\/I\/D\/22\/6\/2.2-2270","metadata":false},{"id":55594,"structure_id":13466,"section_number":"2.2-2271","catch_line":"Grants or loans of public or private funds","url":"\/2.2-2271\/","token":"2.2\/I\/D\/22\/6\/2.2-2271","metadata":false},{"id":83142,"structure_id":13466,"section_number":"2.2-2272","catch_line":"Moneys of Authority; audit","url":"\/2.2-2272\/","token":"2.2\/I\/D\/22\/6\/2.2-2272","metadata":false},{"id":79944,"structure_id":13466,"section_number":"2.2-2273","catch_line":"Contracts, leases and other arrangements","url":"\/2.2-2273\/","token":"2.2\/I\/D\/22\/6\/2.2-2273","metadata":false},{"id":72030,"structure_id":13466,"section_number":"2.2-2274","catch_line":"Resolutions, rules and regulations, etc","url":"\/2.2-2274\/","token":"2.2\/I\/D\/22\/6\/2.2-2274","metadata":false},{"id":73905,"structure_id":13466,"section_number":"2.2-2275","catch_line":"Competition in award of contracts; contractors to give surety; terms of contracts","url":"\/2.2-2275\/","token":"2.2\/I\/D\/22\/6\/2.2-2275","metadata":false},{"id":55251,"structure_id":13466,"section_number":"2.2-2276","catch_line":"Eminent domain; right of entry","url":"\/2.2-2276\/","token":"2.2\/I\/D\/22\/6\/2.2-2276","metadata":false},{"id":83223,"structure_id":13466,"section_number":"2.2-2277","catch_line":"Jurisdiction of suits against Authority; service of process","url":"\/2.2-2277\/","token":"2.2\/I\/D\/22\/6\/2.2-2277","metadata":false},{"id":85246,"structure_id":13466,"section_number":"2.2-2278","catch_line":"Exemption from taxes or assessments","url":"\/2.2-2278\/","token":"2.2\/I\/D\/22\/6\/2.2-2278","metadata":false}],"previous_section":{"id":82089,"structure_id":13466,"section_number":"2.2-2261","catch_line":"Virginia Public Building Authority created; purpose; membership; terms; expenses; staff","url":"\/2.2-2261\/","token":"2.2\/I\/D\/22\/6\/2.2-2261","metadata":false},"next_section":{"id":60152,"structure_id":13466,"section_number":"2.2-2263","catch_line":"Powers and duties of Authority; limitations","url":"\/2.2-2263\/","token":"2.2\/I\/D\/22\/6\/2.2-2263","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/2.2-2262\/","history_text":"

This law was first created in 1981. The record of its establishment is cataloged in chapter 569 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. Unfortunately, the 1981 \u201cActs\u201d aren\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1996, chapter 835<\/a>; in 1998, chapters 498<\/a> and 504<\/a>; in 2001, chapter 844<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":174393,"object_type":"law","relational_id":68559,"identifier":"2.2-2262","token":"2.2\/I\/D\/22\/6\/2.2-2262","url":"\/2.2-2262\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/2.2-2262\/","token":"2.2\/I\/D\/22\/6\/2.2-2262","dublin_core":{"Title":"Board of directors","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-2262","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The powers of the Authority<\/span> shall be exercised by a governing body consisting of the members of the Authority<\/span> acting as a board<\/span>. The Board<\/span> shall elect from its membership a vice-chairman, treasurer and secretary. The offices of secretary and treasurer may be combined. The Board<\/span> may elect such other officers who need not be a member of the Board<\/span>.\n\t\tFour members shall constitute a quorum of the Board<\/span> for the purpose of organizing the Authority<\/span>, conducting its business, and for all other purposes. All actions shall be taken by vote of a majority of the members of the Board<\/span>, unless Authority<\/span> bylaws require a larger number.\n\t\tThe Board<\/span> shall have full authority<\/span> to manage the properties and business of the Authority<\/span>, and to prescribe, amend<\/span>, and repeal bylaws, rules, and regulations governing the manner in which the business of the Authority<\/span> may be conducted, and the powers granted to it may be exercised. The Board<\/span> may assign to the Treasury Board<\/span> or the State<\/span> Treasurer such powers and duties as it deems proper.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nBOARD OF DIRECTORS (\u00a7 2.2-2262)\n\nThe powers of the Authority shall be exercised by a governing body consisting of\nthe members of the Authority acting as a board. The Board shall elect from its\nmembership a vice-chairman, treasurer and secretary. The offices of secretary\nand treasurer may be combined. The Board may elect such other officers who need\nnot be a member of the Board.\n\t\tFour members shall constitute a quorum of the Board for the purpose of\norganizing the Authority, conducting its business, and for all other purposes.\nAll actions shall be taken by vote of a majority of the members of the Board,\nunless Authority bylaws require a larger number.\n\t\tThe Board shall have full authority to manage the properties and business of\nthe Authority, and to prescribe, amend, and repeal bylaws, rules, and\nregulations governing the manner in which the business of the Authority may be\nconducted, and the powers granted to it may be exercised. The Board may assign\nto the Treasury Board or the State Treasurer such powers and duties as it deems\nproper.\n\nHISTORY: 1981, c. 569, \u00a7 2.1-234.25; 1993, Sp. Sess., c. 1; 1996, c. 835; 1998,\ncc. 498, 504; 2001, c. 844.","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}}