{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/45.2-2103.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/45.2-2103.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/45.2-2103.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/45.2-2103.html"}],"law_id":65573,"edition_id":1,"section_id":65573,"structure_id":14297,"section_number":"45.2-2103","catch_line":" Purposes; powers of Authority","history":"2013, cc. 57, 394, \u00a7 67-1402; 2021, Sp. Sess. I, c. 387.","full_text":"A\n\nThe Authority is established for the purposes of making the Commonwealth a national and global leader in nuclear energy and serving as an interdisciplinary study, research, and information resource for the Commonwealth on nuclear energy issues.B\n\nThe Authority is granted all powers necessary or convenient for the carrying out of its statutory purposes, including the following rights, powers, and duties to:1\n\nAdopt, use, and alter at will a corporate seal;2\n\nAcquire, purchase, hold, use, lease, or otherwise dispose of property, real, personal, or mixed, tangible or intangible, or any interest therein necessary or desirable for carrying out the purposes of the Authority;3\n\nAdopt bylaws for the management and regulation of its affairs;4\n\nDevelop and adopt a strategic plan for carrying out the purposes set out in this article;5\n\nMake and enter into any contract or agreement necessary or incidental to the performance of its duties, the furtherance of its purposes, and the execution of its powers under this article, including an agreement with any person or federal agency;6\n\nConsult with the General Assembly; federal, state, and local agencies; nonprofit organizations; private industry; and other potential developers and users of nuclear energy;7\n\nPromote and facilitate agreements among public and private institutions of higher education in the Commonwealth and other research entities to carry out research projects relating to nuclear energy;8\n\nDisseminate information and research results;9\n\nIdentify and support, in cooperation with Virginia&#8217;s nuclear entities and the public and private sectors, the development of education programs related to Virginia&#8217;s nuclear industry;10\n\nProvide for the establishment of the Consortium by the Board as provided in &#xA7; 45.2-2105;11\n\nDevelop a policy regarding any interest in intellectual property acquired or developed by the Consortium;12\n\nIn order to fund and support the activities of the Authority and the Consortium, apply for, solicit, and accept from any source, including any agency of the federal government, the Commonwealth, or any other state; any locality or other political subdivision; any member; or any private corporation or other entity, (i) grants, including grants made available pursuant to federal legislation; (ii) aid; or (iii) contributions of money, property, or other things of value, which shall be held, used, and applied for the purposes set out by this chapter;13\n\nFacilitate the collaboration of members toward obtaining grants and expending funds in accomplishing the purposes set out by this chapter;14\n\nEncourage, facilitate, and support the application, commercialization, and transfer of new nuclear energy technologies;15\n\nProvide public information and communication about nuclear energy and related educational and job opportunities;16\n\nProvide advice, assistance, and services to institutions of higher education and to other persons providing services or facilities for nuclear research or graduate education;17\n\nFoster innovative partnerships and relationships among the Commonwealth, the Commonwealth&#8217;s public institutions of higher education, private companies, federal laboratories, and not-for-profit organizations to accomplish the purposes set out by this chapter; and18\n\nDo all acts and things necessary or convenient to carry out the powers granted to it by law.","order_by":null,"text":{"0":{"id":238335,"text":"The Authority is established for the purposes of making the Commonwealth a national and global leader in nuclear energy and serving as an interdisciplinary study, research, and information resource for the Commonwealth on nuclear energy issues.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":238336,"text":"The Authority is granted all powers necessary or convenient for the carrying out of its statutory purposes, including the following rights, powers, and duties to:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":238337,"text":"Adopt, use, and alter at will a corporate seal;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":238338,"text":"Acquire, purchase, hold, use, lease, or otherwise dispose of property, real, personal, or mixed, tangible or intangible, or any interest therein necessary or desirable for carrying out the purposes of the Authority;","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":238339,"text":"Adopt bylaws for the management and regulation of its affairs;","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"5":{"id":238340,"text":"Develop and adopt a strategic plan for carrying out the purposes set out in this article;","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"B5"},"6":{"id":238341,"text":"Make and enter into any contract or agreement necessary or incidental to the performance of its duties, the furtherance of its purposes, and the execution of its powers under this article, including an agreement with any person or federal agency;","type":"section","prefixes":["B","5"],"prefix":"5","entire_prefix":"B5","prefix_anchor":"B5","level":2,"prior_prefix":"B4","next_prefix":"B6"},"7":{"id":238342,"text":"Consult with the General Assembly; federal, state, and local agencies; nonprofit organizations; private industry; and other potential developers and users of nuclear energy;","type":"section","prefixes":["B","6"],"prefix":"6","entire_prefix":"B6","prefix_anchor":"B6","level":2,"prior_prefix":"B5","next_prefix":"B7"},"8":{"id":238343,"text":"Promote and facilitate agreements among public and private institutions of higher education in the Commonwealth and other research entities to carry out research projects relating to nuclear energy;","type":"section","prefixes":["B","7"],"prefix":"7","entire_prefix":"B7","prefix_anchor":"B7","level":2,"prior_prefix":"B6","next_prefix":"B8"},"9":{"id":238344,"text":"Disseminate information and research results;","type":"section","prefixes":["B","8"],"prefix":"8","entire_prefix":"B8","prefix_anchor":"B8","level":2,"prior_prefix":"B7","next_prefix":"B9"},"10":{"id":238345,"text":"Identify and support, in cooperation with Virginia&#8217;s nuclear entities and the public and private sectors, the development of education programs related to Virginia&#8217;s nuclear industry;","type":"section","prefixes":["B","9"],"prefix":"9","entire_prefix":"B9","prefix_anchor":"B9","level":2,"prior_prefix":"B8","next_prefix":"B10"},"11":{"id":238346,"text":"Provide for the establishment of the Consortium by the Board as provided in &#xA7; 45.2-2105;","type":"section","prefixes":["B","10"],"prefix":"10","entire_prefix":"B10","prefix_anchor":"B10","level":2,"prior_prefix":"B9","next_prefix":"B11"},"12":{"id":238347,"text":"Develop a policy regarding any interest in intellectual property acquired or developed by the Consortium;","type":"section","prefixes":["B","11"],"prefix":"11","entire_prefix":"B11","prefix_anchor":"B11","level":2,"prior_prefix":"B10","next_prefix":"B12"},"13":{"id":238348,"text":"In order to fund and support the activities of the Authority and the Consortium, apply for, solicit, and accept from any source, including any agency of the federal government, the Commonwealth, or any other state; any locality or other political subdivision; any member; or any private corporation or other entity, (i) grants, including grants made available pursuant to federal legislation; (ii) aid; or (iii) contributions of money, property, or other things of value, which shall be held, used, and applied for the purposes set out by this chapter;","type":"section","prefixes":["B","12"],"prefix":"12","entire_prefix":"B12","prefix_anchor":"B12","level":2,"prior_prefix":"B11","next_prefix":"B13"},"14":{"id":238349,"text":"Facilitate the collaboration of members toward obtaining grants and expending funds in accomplishing the purposes set out by this chapter;","type":"section","prefixes":["B","13"],"prefix":"13","entire_prefix":"B13","prefix_anchor":"B13","level":2,"prior_prefix":"B12","next_prefix":"B14"},"15":{"id":238350,"text":"Encourage, facilitate, and support the application, commercialization, and transfer of new nuclear energy technologies;","type":"section","prefixes":["B","14"],"prefix":"14","entire_prefix":"B14","prefix_anchor":"B14","level":2,"prior_prefix":"B13","next_prefix":"B15"},"16":{"id":238351,"text":"Provide public information and communication about nuclear energy and related educational and job opportunities;","type":"section","prefixes":["B","15"],"prefix":"15","entire_prefix":"B15","prefix_anchor":"B15","level":2,"prior_prefix":"B14","next_prefix":"B16"},"17":{"id":238352,"text":"Provide advice, assistance, and services to institutions of higher education and to other persons providing services or facilities for nuclear research or graduate education;","type":"section","prefixes":["B","16"],"prefix":"16","entire_prefix":"B16","prefix_anchor":"B16","level":2,"prior_prefix":"B15","next_prefix":"B17"},"18":{"id":238353,"text":"Foster innovative partnerships and relationships among the Commonwealth, the Commonwealth&#8217;s public institutions of higher education, private companies, federal laboratories, and not-for-profit organizations to accomplish the purposes set out by this chapter; and","type":"section","prefixes":["B","17"],"prefix":"17","entire_prefix":"B17","prefix_anchor":"B17","level":2,"prior_prefix":"B16","next_prefix":"B18"},"19":{"id":238354,"text":"Do all acts and things necessary or convenient to carry out the powers granted to it by law.","type":"section","prefixes":["B","18"],"prefix":"18","entire_prefix":"B18","prefix_anchor":"B18","level":2,"prior_prefix":"B17"}},"ancestry":[{"id":14297,"edition_id":1,"name":"Virginia Nuclear Energy Consortium Authority","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13401,"metadata":{},"date_created":"2026-06-26 03:47:38","date_modified":"2026-06-26 03:47:38","permalink":{"id":225213,"object_type":"structure","relational_id":14297,"identifier":"2","token":"45.2\/V\/21\/2","url":"\/45.2\/V\/21\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13401,"edition_id":1,"name":"Nuclear Energy","identifier":"21","label":"chapter","depth":3,"order_by":1,"parent_id":12714,"metadata":{},"date_created":"2026-06-26 03:44:49","date_modified":"2026-06-26 03:44:49","permalink":{"id":225201,"object_type":"structure","relational_id":13401,"identifier":"21","token":"45.2\/V\/21","url":"\/45.2\/V\/21\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12714,"edition_id":1,"name":"Other Sources of Energy; Energy Policy","identifier":"V","label":"subtitle","depth":2,"order_by":1,"parent_id":12713,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":224887,"object_type":"structure","relational_id":12714,"identifier":"V","token":"45.2\/V","url":"\/45.2\/V\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12713,"edition_id":1,"name":"Mines, Minerals, and Energy","identifier":"45.2","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":222539,"object_type":"structure","relational_id":12713,"identifier":"45.2","token":"45.2","url":"\/45.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":55568,"structure_id":14297,"section_number":"45.2-2102","catch_line":" Virginia Nuclear Energy Consortium Authority established","url":"\/45.2-2102\/","token":"45.2\/V\/21\/2\/45.2-2102","metadata":false},{"id":65573,"structure_id":14297,"section_number":"45.2-2103","catch_line":" Purposes; powers of Authority","url":"\/45.2-2103\/","token":"45.2\/V\/21\/2\/45.2-2103","metadata":false},{"id":62877,"structure_id":14297,"section_number":"45.2-2104","catch_line":" Board of the Authority","url":"\/45.2-2104\/","token":"45.2\/V\/21\/2\/45.2-2104","metadata":false},{"id":75463,"structure_id":14297,"section_number":"45.2-2105","catch_line":" Establishment of the Consortium","url":"\/45.2-2105\/","token":"45.2\/V\/21\/2\/45.2-2105","metadata":false},{"id":78690,"structure_id":14297,"section_number":"45.2-2106","catch_line":" Moneys of Authority","url":"\/45.2-2106\/","token":"45.2\/V\/21\/2\/45.2-2106","metadata":false},{"id":67588,"structure_id":14297,"section_number":"45.2-2107","catch_line":" Audits; external reviews","url":"\/45.2-2107\/","token":"45.2\/V\/21\/2\/45.2-2107","metadata":false}],"previous_section":{"id":55568,"structure_id":14297,"section_number":"45.2-2102","catch_line":" Virginia Nuclear Energy Consortium Authority established","url":"\/45.2-2102\/","token":"45.2\/V\/21\/2\/45.2-2102","metadata":false},"next_section":{"id":62877,"structure_id":14297,"section_number":"45.2-2104","catch_line":" Board of the Authority","url":"\/45.2-2104\/","token":"45.2\/V\/21\/2\/45.2-2104","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/45.2-2103\/","history_text":"<p>This law was first created in 2013. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?131+ful+CHAP0057\">57<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?131+ful+CHAP0394\">394<\/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":75463,"section_number":"45.2-2105","catch_line":" Establishment of the Consortium","order_by":null,"url":"\/45.2-2105\/"}],"permalink":{"id":225219,"object_type":"law","relational_id":65573,"identifier":"45.2-2103","token":"45.2\/V\/21\/2\/45.2-2103","url":"\/45.2-2103\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/45.2-2103\/","token":"45.2\/V\/21\/2\/45.2-2103","dublin_core":{"Title":" Purposes; powers of Authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 45.2-2103","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> The <span class=\"dictionary\">Authority<\/span> is established for the purposes of making the Commonwealth a national and global leader in nuclear energy and serving as an interdisciplinary study, research, and information resource for the Commonwealth on nuclear energy <span class=\"dictionary\">issues<\/span>. <a id=\"paragraph-238335\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> The <span class=\"dictionary\">Authority<\/span> is granted all powers necessary or convenient for the carrying out of its statutory purposes, including the following rights, powers, and duties to: <a id=\"paragraph-238336\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> Adopt, use, and alter at will a corporate seal; <a id=\"paragraph-238337\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> Acquire, purchase, hold, use, lease, or otherwise dispose of property, real, personal, or mixed, tangible or intangible, or any interest therein necessary or desirable for carrying out the purposes of the <span class=\"dictionary\">Authority<\/span>; <a id=\"paragraph-238338\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> Adopt bylaws for the management and regulation of its affairs; <a id=\"paragraph-238339\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B4\" class=\"indent-1\"><p><span class=\"prefix-number\">4.<\/span> Develop and adopt a strategic plan for carrying out the purposes set out in this article; <a id=\"paragraph-238340\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B4\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B5\" class=\"indent-1\"><p><span class=\"prefix-number\">5.<\/span> Make and enter into any <span class=\"dictionary\">contract<\/span> or agreement necessary or incidental to the performance of its duties, the furtherance of its purposes, and the execution of its powers under this article, including an agreement with any person or federal agency; <a id=\"paragraph-238341\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B5\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B6\" class=\"indent-1\"><p><span class=\"prefix-number\">6.<\/span> Consult with the General Assembly; federal, state, and local agencies; nonprofit organizations; private industry; and other potential developers and users of nuclear energy; <a id=\"paragraph-238342\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B6\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B7\" class=\"indent-1\"><p><span class=\"prefix-number\">7.<\/span> Promote and facilitate agreements among public and private institutions of higher education in the Commonwealth and other research entities to carry out research projects relating to nuclear energy; <a id=\"paragraph-238343\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B7\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B8\" class=\"indent-1\"><p><span class=\"prefix-number\">8.<\/span> Disseminate information and research results; <a id=\"paragraph-238344\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B8\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B9\" class=\"indent-1\"><p><span class=\"prefix-number\">9.<\/span> Identify and support, in cooperation with Virginia&#8217;s nuclear entities and the public and private sectors, the development of education programs related to Virginia&#8217;s nuclear industry; <a id=\"paragraph-238345\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B9\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B10\" class=\"indent-1\"><p><span class=\"prefix-number\">10.<\/span> Provide for the establishment of the <span class=\"dictionary\">Consortium<\/span> by the <span class=\"dictionary\">Board<\/span> as provided in &#xA7; <a class=\"law\" title=\" Establishment of the Consortium\" href=\"\/45.2-2105\/\">45.2-2105<\/a>; <a id=\"paragraph-238346\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B10\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B11\" class=\"indent-1\"><p><span class=\"prefix-number\">11.<\/span> Develop a policy regarding any interest in intellectual property acquired or developed by the <span class=\"dictionary\">Consortium<\/span>; <a id=\"paragraph-238347\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B11\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B12\" class=\"indent-1\"><p><span class=\"prefix-number\">12.<\/span> In <span class=\"dictionary\">order<\/span> to fund and support the activities of the <span class=\"dictionary\">Authority<\/span> and the <span class=\"dictionary\">Consortium<\/span>, apply for, solicit, and accept from any source, including any agency of the federal government, the Commonwealth, or any other state; any locality or other political subdivision; any <span class=\"dictionary\">member<\/span>; or any private corporation or other entity, (i) grants, including grants made available pursuant to federal legislation; (ii) aid; or (iii) contributions of money, property, or other things of value, which shall be held, used, and applied for the purposes set out by this chapter; <a id=\"paragraph-238348\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B12\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B13\" class=\"indent-1\"><p><span class=\"prefix-number\">13.<\/span> Facilitate the collaboration of <span class=\"dictionary\">members<\/span> toward obtaining grants and expending funds in accomplishing the purposes set out by this chapter; <a id=\"paragraph-238349\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B13\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B14\" class=\"indent-1\"><p><span class=\"prefix-number\">14.<\/span> Encourage, facilitate, and support the application, commercialization, and transfer of new nuclear energy technologies; <a id=\"paragraph-238350\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B14\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B15\" class=\"indent-1\"><p><span class=\"prefix-number\">15.<\/span> Provide public information and communication about nuclear energy and related educational and job opportunities; <a id=\"paragraph-238351\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B15\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B16\" class=\"indent-1\"><p><span class=\"prefix-number\">16.<\/span> Provide advice, assistance, and services to institutions of higher education and to other persons providing services or facilities for nuclear research or graduate education; <a id=\"paragraph-238352\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B16\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B17\" class=\"indent-1\"><p><span class=\"prefix-number\">17.<\/span> Foster innovative partnerships and relationships among the Commonwealth, the Commonwealth&#8217;s public institutions of higher education, private companies, federal laboratories, and not-for-profit organizations to accomplish the purposes set out by this chapter; and <a id=\"paragraph-238353\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B17\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B18\" class=\"indent-1\"><p><span class=\"prefix-number\">18.<\/span> Do all acts and things necessary or convenient to carry out the powers granted to it by <span class=\"dictionary\">law<\/span>. <a id=\"paragraph-238354\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2103\/#B18\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\n PURPOSES; POWERS OF AUTHORITY (\u00a7 45.2-2103)\n\nA. The Authority is established for the purposes of making the Commonwealth a\nnational and global leader in nuclear energy and serving as an interdisciplinary\nstudy, research, and information resource for the Commonwealth on nuclear energy\nissues.\n\nB. The Authority is granted all powers necessary or convenient for the carrying\nout of its statutory purposes, including the following rights, powers, and\nduties to:\n\n   1. Adopt, use, and alter at will a corporate seal;\n\n   2. Acquire, purchase, hold, use, lease, or otherwise dispose of property,\n   real, personal, or mixed, tangible or intangible, or any interest therein\n   necessary or desirable for carrying out the purposes of the Authority;\n\n   3. Adopt bylaws for the management and regulation of its affairs;\n\n   4. Develop and adopt a strategic plan for carrying out the purposes set out in\n   this article;\n\n   5. Make and enter into any contract or agreement necessary or incidental to\n   the performance of its duties, the furtherance of its purposes, and the\n   execution of its powers under this article, including an agreement with any\n   person or federal agency;\n\n   6. Consult with the General Assembly; federal, state, and local agencies;\n   nonprofit organizations; private industry; and other potential developers and\n   users of nuclear energy;\n\n   7. Promote and facilitate agreements among public and private institutions of\n   higher education in the Commonwealth and other research entities to carry out\n   research projects relating to nuclear energy;\n\n   8. Disseminate information and research results;\n\n   9. Identify and support, in cooperation with Virginia&#8217;s nuclear entities\n   and the public and private sectors, the development of education programs\n   related to Virginia&#8217;s nuclear industry;\n\n   10. Provide for the establishment of the Consortium by the Board as provided\n   in &#xA7; 45.2-2105;\n\n   11. Develop a policy regarding any interest in intellectual property acquired\n   or developed by the Consortium;\n\n   12. In order to fund and support the activities of the Authority and the\n   Consortium, apply for, solicit, and accept from any source, including any\n   agency of the federal government, the Commonwealth, or any other state; any\n   locality or other political subdivision; any member; or any private\n   corporation or other entity, (i) grants, including grants made available\n   pursuant to federal legislation; (ii) aid; or (iii) contributions of money,\n   property, or other things of value, which shall be held, used, and applied for\n   the purposes set out by this chapter;\n\n   13. Facilitate the collaboration of members toward obtaining grants and\n   expending funds in accomplishing the purposes set out by this chapter;\n\n   14. Encourage, facilitate, and support the application, commercialization, and\n   transfer of new nuclear energy technologies;\n\n   15. Provide public information and communication about nuclear energy and\n   related educational and job opportunities;\n\n   16. Provide advice, assistance, and services to institutions of higher\n   education and to other persons providing services or facilities for nuclear\n   research or graduate education;\n\n   17. Foster innovative partnerships and relationships among the Commonwealth,\n   the Commonwealth&#8217;s public institutions of higher education, private\n   companies, federal laboratories, and not-for-profit organizations to\n   accomplish the purposes set out by this chapter; and\n\n   18. Do all acts and things necessary or convenient to carry out the powers\n   granted to it by law.\n\nHISTORY: 2013, cc. 57, 394, \u00a7 67-1402; 2021, Sp. Sess. I, c. 387.","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}}