{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/2.2-2738.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/2.2-2738.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/2.2-2738.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/2.2-2738.html"}],"law_id":56413,"edition_id":1,"section_id":56413,"structure_id":14062,"section_number":"2.2-2738","catch_line":"Virginia International Trade Corporation; purpose; membership; meetings","history":"2016, c. 749; 2020, c. 738.","full_text":"A\n\nThe Virginia International Trade Corporation (the Corporation) is established in the executive branch of state government. The purpose of the Corporation shall be to promote international trade in the Commonwealth.B\n\nThe Corporation shall be governed by a board of directors (the Board) composed of 16 members as follows: the Secretaries of Agriculture and Forestry, Commerce and Trade, Finance, and Transportation, or their designees, serving ex officio with voting privileges, and 12 nonlegislative citizen members appointed by the Governor, subject to confirmation by the General Assembly. The members appointed by the Governor shall have experience as senior management personnel or leaders in the areas of agriculture, finance, development, international business, manufacturing, and trade with at least two having background and experience specific to agriculture. Ex officio members of the Board shall serve terms coincident with their terms of office. Appointments to fill vacancies, other than by expiration of a term, shall be for the unexpired terms. After the initial staggering of terms, nonlegislative citizen members shall be appointed for a term of six years. Nonlegislative citizen members shall be citizens of the Commonwealth.C\n\nThe Board shall elect a chairman and a vice-chairman from among its members. The Secretaries of Agriculture and Forestry, Commerce and Trade, Finance, and Transportation shall not be eligible to serve as chairman or vice-chairman.D\n\nThe Board shall meet at least four times annually and more often if deemed necessary or advisable by the chairman.E\n\nMembers of the Board shall receive no compensation for their services but shall be reimbursed for all reasonable and necessary expenses incurred in the performance of their duties as provided in §§ 2.2-2813 and 2.2-2825.","order_by":null,"text":{"0":{"id":206549,"text":"The Virginia International Trade Corporation (the Corporation) is established in the executive branch of state government. The purpose of the Corporation shall be to promote international trade in the Commonwealth.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":206550,"text":"The Corporation shall be governed by a board of directors (the Board) composed of 16 members as follows: the Secretaries of Agriculture and Forestry, Commerce and Trade, Finance, and Transportation, or their designees, serving ex officio with voting privileges, and 12 nonlegislative citizen members appointed by the Governor, subject to confirmation by the General Assembly. The members appointed by the Governor shall have experience as senior management personnel or leaders in the areas of agriculture, finance, development, international business, manufacturing, and trade with at least two having background and experience specific to agriculture. Ex officio members of the Board shall serve terms coincident with their terms of office. Appointments to fill vacancies, other than by expiration of a term, shall be for the unexpired terms. After the initial staggering of terms, nonlegislative citizen members shall be appointed for a term of six years. Nonlegislative citizen members shall be citizens of the Commonwealth.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":206551,"text":"The Board shall elect a chairman and a vice-chairman from among its members. The Secretaries of Agriculture and Forestry, Commerce and Trade, Finance, and Transportation shall not be eligible to serve as chairman or vice-chairman.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":206552,"text":"The Board shall meet at least four times annually and more often if deemed necessary or advisable by the chairman.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"E"},"4":{"id":206553,"text":"Members of the Board shall receive no compensation for their services but shall be reimbursed for all reasonable and necessary expenses incurred in the performance of their duties as provided in §§ 2.2-2813 and 2.2-2825.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D"}},"ancestry":[{"id":14062,"edition_id":1,"name":"Virginia International Trade Corporation","identifier":"11","label":"article","depth":5,"order_by":1,"parent_id":13231,"metadata":{},"date_created":"2026-06-26 03:46:44","date_modified":"2026-06-26 03:46:44","permalink":{"id":175535,"object_type":"structure","relational_id":14062,"identifier":"11","token":"2.2\/I\/D\/27\/11","url":"\/2.2\/I\/D\/27\/11\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13231,"edition_id":1,"name":"Foundations and Other Collegial Bodies","identifier":"27","label":"chapter","depth":4,"order_by":1,"parent_id":12785,"metadata":{},"date_created":"2026-06-26 03:44:29","date_modified":"2026-06-26 03:44:29","permalink":{"id":175501,"object_type":"structure","relational_id":13231,"identifier":"27","token":"2.2\/I\/D\/27","url":"\/2.2\/I\/D\/27\/","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":56413,"structure_id":14062,"section_number":"2.2-2738","catch_line":"Virginia International Trade Corporation; purpose; membership; meetings","url":"\/2.2-2738\/","token":"2.2\/I\/D\/27\/11\/2.2-2738","metadata":false},{"id":66090,"structure_id":14062,"section_number":"2.2-2739","catch_line":"Appointment of Chief Executive Officer","url":"\/2.2-2739\/","token":"2.2\/I\/D\/27\/11\/2.2-2739","metadata":false},{"id":55166,"structure_id":14062,"section_number":"2.2-2740","catch_line":"Powers and duties of the Corporation","url":"\/2.2-2740\/","token":"2.2\/I\/D\/27\/11\/2.2-2740","metadata":false},{"id":69550,"structure_id":14062,"section_number":"2.2-2741","catch_line":"Grants from the Commonwealth","url":"\/2.2-2741\/","token":"2.2\/I\/D\/27\/11\/2.2-2741","metadata":false},{"id":64729,"structure_id":14062,"section_number":"2.2-2742","catch_line":"Exemption from taxation","url":"\/2.2-2742\/","token":"2.2\/I\/D\/27\/11\/2.2-2742","metadata":false},{"id":86523,"structure_id":14062,"section_number":"2.2-2743","catch_line":"Exemptions from personnel and procurement procedures","url":"\/2.2-2743\/","token":"2.2\/I\/D\/27\/11\/2.2-2743","metadata":false}],"next_section":{"id":66090,"structure_id":14062,"section_number":"2.2-2739","catch_line":"Appointment of Chief Executive Officer","url":"\/2.2-2739\/","token":"2.2\/I\/D\/27\/11\/2.2-2739","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/2.2-2738\/","history_text":"

This law was first created in 2016. The record of its establishment is cataloged in chapter 749<\/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. It has been modified 1 time. 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. That modification is as follows: in 2020, chapter 738<\/a>.<\/p>","references":false,"refers_to":[{"id":71377,"section_number":"2.2-2813","catch_line":"Definitions; compensation and expense payments from state funds for service on collegial bodies","order_by":null,"url":"\/2.2-2813\/"},{"id":73173,"section_number":"2.2-2825","catch_line":"Reimbursement for certain travel expenditures; restrictions on reimbursement","order_by":null,"url":"\/2.2-2825\/"}],"permalink":{"id":175537,"object_type":"law","relational_id":56413,"identifier":"2.2-2738","token":"2.2\/I\/D\/27\/11\/2.2-2738","url":"\/2.2-2738\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/2.2-2738\/","token":"2.2\/I\/D\/27\/11\/2.2-2738","dublin_core":{"Title":"Virginia International Trade Corporation; purpose; membership; meetings","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-2738","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The Virginia International Trade Corporation (the Corporation) is established in the executive branch of state government. The purpose of the Corporation shall be to promote international trade in the Commonwealth. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Corporation shall be governed by a board of directors (the Board) composed of 16 members as follows: the Secretaries of Agriculture and Forestry, Commerce and Trade, Finance, and Transportation, or their designees, serving ex officio with voting privileges<\/span>, and 12 nonlegislative citizen members appointed by the Governor, subject to confirmation by the General Assembly. The members appointed by the Governor shall have experience as senior management personnel or leaders in the areas of agriculture, finance, development, international business, manufacturing, and trade with at least two having background and experience specific to agriculture. Ex officio members of the Board shall serve terms coincident with their terms of office. Appointments to fill vacancies, other than by expiration of a term, shall be for the unexpired terms. After the initial staggering of terms, nonlegislative citizen members shall be appointed for a term of six years. Nonlegislative citizen members shall be citizens of the Commonwealth. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The Board shall elect a chairman and a vice-chairman from among its members. The Secretaries of Agriculture and Forestry, Commerce and Trade, Finance, and Transportation shall not be eligible to serve as chairman or vice-chairman. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> The Board shall meet at least four times annually and more often if deemed necessary or advisable by the chairman. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> Members of the Board shall receive no compensation for their services but shall be reimbursed for all reasonable and necessary expenses incurred in the performance of their duties as provided in §§ 2.2-2813<\/a> and 2.2-2825<\/a>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nVIRGINIA INTERNATIONAL TRADE CORPORATION; PURPOSE; MEMBERSHIP; MEETINGS (\u00a7\n2.2-2738)\n\nA. The Virginia International Trade Corporation (the Corporation) is established\nin the executive branch of state government. The purpose of the Corporation\nshall be to promote international trade in the Commonwealth.\n\nB. The Corporation shall be governed by a board of directors (the Board)\ncomposed of 16 members as follows: the Secretaries of Agriculture and Forestry,\nCommerce and Trade, Finance, and Transportation, or their designees, serving ex\nofficio with voting privileges, and 12 nonlegislative citizen members appointed\nby the Governor, subject to confirmation by the General Assembly. The members\nappointed by the Governor shall have experience as senior management personnel\nor leaders in the areas of agriculture, finance, development, international\nbusiness, manufacturing, and trade with at least two having background and\nexperience specific to agriculture. Ex officio members of the Board shall serve\nterms coincident with their terms of office. Appointments to fill vacancies,\nother than by expiration of a term, shall be for the unexpired terms. After the\ninitial staggering of terms, nonlegislative citizen members shall be appointed\nfor a term of six years. Nonlegislative citizen members shall be citizens of the\nCommonwealth.\n\nC. The Board shall elect a chairman and a vice-chairman from among its members.\nThe Secretaries of Agriculture and Forestry, Commerce and Trade, Finance, and\nTransportation shall not be eligible to serve as chairman or vice-chairman.\n\nD. The Board shall meet at least four times annually and more often if deemed\nnecessary or advisable by the chairman.\n\nE. Members of the Board shall receive no compensation for their services but\nshall be reimbursed for all reasonable and necessary expenses incurred in the\nperformance of their duties as provided in §§ 2.2-2813 and 2.2-2825.\n\nHISTORY: 2016, c. 749; 2020, c. 738.","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}}