{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/45.2-2105.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/45.2-2105.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/45.2-2105.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/45.2-2105.html"}],"law_id":75463,"edition_id":1,"section_id":75463,"structure_id":14297,"section_number":"45.2-2105","catch_line":" Establishment of the Consortium","history":"2013, cc. 57, 394, \u00a7 67-1404; 2021, Sp. Sess. I, c. 387.","full_text":"A\n\nThe Board shall provide for the formation, by January 1, 2014, of a nonstock corporation under Chapter 10 (&#xA7; 13.1-801 et seq.) of Title 13.1, not organized for profit, that shall include in its name the words &#8220;Virginia Nuclear Energy Consortium&#8221; or some variation thereof that is approved by the Board.B\n\nThe Consortium shall be established for the purpose of conducting activities useful in (i) making the Commonwealth a leader in nuclear energy; (ii) serving as an interdisciplinary study, research, and information resource for the Commonwealth on nuclear energy issues; and (iii) carrying out the provisions of this article, including raising money on behalf of the Authority in the corporate and nonprofit community and from other nonstate sources.C\n\nThe membership of the Consortium shall be open to:1\n\nPublic or private institutions of higher education in the Commonwealth;2\n\nCommonwealth-based federal research laboratories;3\n\nNuclear energy-related nonprofit organizations;4\n\nBusiness entities with operating facilities located in the Commonwealth that are engaged in activities directly related to the nuclear energy industry; and5\n\nOther individuals or entities whose membership is approved by the board of directors of the Consortium through a process established by the bylaws of the Consortium.D\n\nThe board of directors of the Consortium shall consist of members selected and approved by the Consortium pursuant to a process established by its bylaws.E\n\nThe board of directors of the Consortium shall appoint an executive director to serve as the principal administrative officer of the Consortium. The executive director shall carry out the specific duties assigned to him by the board of directors and develop appropriate policies and procedures for the operation of the Consortium; employ persons and secure services as required to carry out the purposes of the Consortium; expend funds as authorized by the Authority; and accept moneys from federal or private sources on behalf of the Authority, including moneys contributed by Consortium members to the Authority, for cost-sharing on nuclear energy research or projects. The executive director and any other employee of the Consortium (i) shall be compensated in the manner provided by the board of directors of the Authority, (ii) shall not be subject to the provisions of the Virginia Personnel Act (&#xA7; 2.2-2900 et seq.), and (iii) shall not be deemed to be an officer or employee for purposes of the State and Local Government Conflict of Interests Act (&#xA7; 2.2-3100 et seq.).F\n\nThe articles of incorporation of the Consortium shall provide that upon dissolution the net assets of the Consortium shall be transferred to the Authority.G\n\nThe Consortium shall not be deemed to be a state or governmental agency, advisory agency, public body, or agency or instrumentality for purposes of Chapter 8 (&#xA7; 2.2-800 et seq.), 18 (&#xA7; 2.2-1800 et seq.), 24 (&#xA7; 2.2-2400 et seq.), 29 (&#xA7; 2.2-2900 et seq.), 31 (&#xA7; 2.2-3100 et seq.), 37 (&#xA7; 2.2-3700 et seq.), 38 (&#xA7; 2.2-3800 et seq.), 43 (&#xA7; 2.2-4300 et seq.), 44 (&#xA7; 2.2-4400 et seq.), 45 (&#xA7; 2.2-4500 et seq.), 46 (&#xA7; 2.2-4600 et seq.), or 47 (&#xA7; 2.2-4700 et seq.) of Title 2.2, Chapter 14 (&#xA7; 30-130 et seq.) of Title 30, or Chapter 1 (&#xA7; 51.1-124.1 et seq.) of Title 51.1.H\n\nThe board of directors of the Consortium shall adopt, alter, and repeal bylaws governing the manner in which its business shall be transacted and the manner in which the activities of the Consortium shall be conducted.I\n\nThe Consortium shall report on all of its nonproprietary activities at least twice a year to the Authority.","order_by":null,"text":{"0":{"id":270860,"text":"The Board shall provide for the formation, by January 1, 2014, of a nonstock corporation under Chapter 10 (&#xA7; 13.1-801 et seq.) of Title 13.1, not organized for profit, that shall include in its name the words &#8220;Virginia Nuclear Energy Consortium&#8221; or some variation thereof that is approved by the Board.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":270861,"text":"The Consortium shall be established for the purpose of conducting activities useful in (i) making the Commonwealth a leader in nuclear energy; (ii) serving as an interdisciplinary study, research, and information resource for the Commonwealth on nuclear energy issues; and (iii) carrying out the provisions of this article, including raising money on behalf of the Authority in the corporate and nonprofit community and from other nonstate sources.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":270862,"text":"The membership of the Consortium shall be open to:","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"C1"},"3":{"id":270863,"text":"Public or private institutions of higher education in the Commonwealth;","type":"section","prefixes":["C","1"],"prefix":"1","entire_prefix":"C1","prefix_anchor":"C1","level":2,"prior_prefix":"C","next_prefix":"C2"},"4":{"id":270864,"text":"Commonwealth-based federal research laboratories;","type":"section","prefixes":["C","2"],"prefix":"2","entire_prefix":"C2","prefix_anchor":"C2","level":2,"prior_prefix":"C1","next_prefix":"C3"},"5":{"id":270865,"text":"Nuclear energy-related nonprofit organizations;","type":"section","prefixes":["C","3"],"prefix":"3","entire_prefix":"C3","prefix_anchor":"C3","level":2,"prior_prefix":"C2","next_prefix":"C4"},"6":{"id":270866,"text":"Business entities with operating facilities located in the Commonwealth that are engaged in activities directly related to the nuclear energy industry; and","type":"section","prefixes":["C","4"],"prefix":"4","entire_prefix":"C4","prefix_anchor":"C4","level":2,"prior_prefix":"C3","next_prefix":"C5"},"7":{"id":270867,"text":"Other individuals or entities whose membership is approved by the board of directors of the Consortium through a process established by the bylaws of the Consortium.","type":"section","prefixes":["C","5"],"prefix":"5","entire_prefix":"C5","prefix_anchor":"C5","level":2,"prior_prefix":"C4","next_prefix":"D"},"8":{"id":270868,"text":"The board of directors of the Consortium shall consist of members selected and approved by the Consortium pursuant to a process established by its bylaws.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C5","next_prefix":"E"},"9":{"id":270869,"text":"The board of directors of the Consortium shall appoint an executive director to serve as the principal administrative officer of the Consortium. The executive director shall carry out the specific duties assigned to him by the board of directors and develop appropriate policies and procedures for the operation of the Consortium; employ persons and secure services as required to carry out the purposes of the Consortium; expend funds as authorized by the Authority; and accept moneys from federal or private sources on behalf of the Authority, including moneys contributed by Consortium members to the Authority, for cost-sharing on nuclear energy research or projects. The executive director and any other employee of the Consortium (i) shall be compensated in the manner provided by the board of directors of the Authority, (ii) shall not be subject to the provisions of the Virginia Personnel Act (&#xA7; 2.2-2900 et seq.), and (iii) shall not be deemed to be an officer or employee for purposes of the State and Local Government Conflict of Interests Act (&#xA7; 2.2-3100 et seq.).","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D","next_prefix":"F"},"10":{"id":270870,"text":"The articles of incorporation of the Consortium shall provide that upon dissolution the net assets of the Consortium shall be transferred to the Authority.","type":"section","prefixes":["F"],"prefix":"F","entire_prefix":"F","prefix_anchor":"F","level":1,"prior_prefix":"E","next_prefix":"G"},"11":{"id":270871,"text":"The Consortium shall not be deemed to be a state or governmental agency, advisory agency, public body, or agency or instrumentality for purposes of Chapter 8 (&#xA7; 2.2-800 et seq.), 18 (&#xA7; 2.2-1800 et seq.), 24 (&#xA7; 2.2-2400 et seq.), 29 (&#xA7; 2.2-2900 et seq.), 31 (&#xA7; 2.2-3100 et seq.), 37 (&#xA7; 2.2-3700 et seq.), 38 (&#xA7; 2.2-3800 et seq.), 43 (&#xA7; 2.2-4300 et seq.), 44 (&#xA7; 2.2-4400 et seq.), 45 (&#xA7; 2.2-4500 et seq.), 46 (&#xA7; 2.2-4600 et seq.), or 47 (&#xA7; 2.2-4700 et seq.) of Title 2.2, Chapter 14 (&#xA7; 30-130 et seq.) of Title 30, or Chapter 1 (&#xA7; 51.1-124.1 et seq.) of Title 51.1.","type":"section","prefixes":["G"],"prefix":"G","entire_prefix":"G","prefix_anchor":"G","level":1,"prior_prefix":"F","next_prefix":"H"},"12":{"id":270872,"text":"The board of directors of the Consortium shall adopt, alter, and repeal bylaws governing the manner in which its business shall be transacted and the manner in which the activities of the Consortium shall be conducted.","type":"section","prefixes":["H"],"prefix":"H","entire_prefix":"H","prefix_anchor":"H","level":1,"prior_prefix":"G","next_prefix":"I"},"13":{"id":270873,"text":"The Consortium shall report on all of its nonproprietary activities at least twice a year to the Authority.","type":"section","prefixes":["I"],"prefix":"I","entire_prefix":"I","prefix_anchor":"I","level":1,"prior_prefix":"H"}},"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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/45.2-2105\/","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":[{"id":62552,"section_number":"45.2-2100","catch_line":" Definitions","order_by":null,"url":"\/45.2-2100\/"},{"id":65573,"section_number":"45.2-2103","catch_line":" Purposes; powers of Authority","order_by":null,"url":"\/45.2-2103\/"}],"refers_to":[{"id":76305,"section_number":"13.1-801","catch_line":"Short title","order_by":null,"url":"\/13.1-801\/"},{"id":75522,"section_number":"2.2-1800","catch_line":"Department of the Treasury; State Treasurer","order_by":null,"url":"\/2.2-1800\/"},{"id":85200,"section_number":"2.2-2400","catch_line":"Art and Architectural Review Board; members and officers; travel expenses; quorum; compensation; staff; report","order_by":null,"url":"\/2.2-2400\/"},{"id":65778,"section_number":"2.2-2900","catch_line":"Short title; purpose","order_by":null,"url":"\/2.2-2900\/"},{"id":71618,"section_number":"2.2-3100","catch_line":"Policy; application; construction","order_by":null,"url":"\/2.2-3100\/"},{"id":55569,"section_number":"2.2-3700","catch_line":"Short title; policy","order_by":null,"url":"\/2.2-3700\/"},{"id":69409,"section_number":"2.2-3800","catch_line":"Short title; findings; principles of information practice","order_by":null,"url":"\/2.2-3800\/"},{"id":70034,"section_number":"2.2-4300","catch_line":"Short title; purpose; declaration of intent","order_by":null,"url":"\/2.2-4300\/"},{"id":63923,"section_number":"2.2-4400","catch_line":"Short title; declaration of intent; applicability","order_by":null,"url":"\/2.2-4400\/"},{"id":65575,"section_number":"2.2-4500","catch_line":"Legal investments for public sinking funds","order_by":null,"url":"\/2.2-4500\/"},{"id":55511,"section_number":"2.2-4600","catch_line":"Short title; definitions","order_by":null,"url":"\/2.2-4600\/"},{"id":84323,"section_number":"2.2-4700","catch_line":"Authorization to Treasury Board to provide certain assistance","order_by":null,"url":"\/2.2-4700\/"},{"id":84371,"section_number":"2.2-800","catch_line":"Department of Accounts created; appointment of Comptroller; oath","order_by":null,"url":"\/2.2-800\/"},{"id":71311,"section_number":"30-130","catch_line":"Election, term and compensation; vacancy","order_by":null,"url":"\/30-130\/"},{"id":68506,"section_number":"51.1-124.1","catch_line":"Virginia Retirement System established","order_by":null,"url":"\/51.1-124.1\/"}],"permalink":{"id":225227,"object_type":"law","relational_id":75463,"identifier":"45.2-2105","token":"45.2\/V\/21\/2\/45.2-2105","url":"\/45.2-2105\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/45.2-2105\/","token":"45.2\/V\/21\/2\/45.2-2105","dublin_core":{"Title":" Establishment of the Consortium","Type":"Text","Format":"text\/html","Identifier":"\u00a7 45.2-2105","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\">Board<\/span> shall provide for the formation, by January 1, 2014, of a nonstock corporation under Chapter 10 (&#xA7; <a class=\"law\" title=\"Short title\" href=\"\/13.1-801\/\">13.1-801<\/a> et seq.) of Title 13.1, not organized for profit, that shall include in its name the words &#8220;<span class=\"dictionary\">Virginia Nuclear Energy Consortium<\/span>&#8221; or some variation thereof that is approved by the <span class=\"dictionary\">Board<\/span>. <a id=\"paragraph-270860\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#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 Consortium shall be established for the purpose of conducting activities useful in (i) making the Commonwealth a leader in nuclear energy; (ii) serving as an interdisciplinary study, research, and information resource for the Commonwealth on nuclear energy <span class=\"dictionary\">issues<\/span>; and (iii) carrying out the provisions of this article, including raising money on behalf of the <span class=\"dictionary\">Authority<\/span> in the corporate and nonprofit community and from other nonstate sources. <a id=\"paragraph-270861\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> The membership of the Consortium shall be open to: <a id=\"paragraph-270862\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> Public or private institutions of higher education in the Commonwealth; <a id=\"paragraph-270863\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#C1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> Commonwealth-based federal research laboratories; <a id=\"paragraph-270864\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#C2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> Nuclear energy-related nonprofit organizations; <a id=\"paragraph-270865\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#C3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C4\" class=\"indent-1\"><p><span class=\"prefix-number\">4.<\/span> Business entities with operating facilities located in the Commonwealth that are engaged in activities directly related to the nuclear energy industry; and <a id=\"paragraph-270866\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#C4\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C5\" class=\"indent-1\"><p><span class=\"prefix-number\">5.<\/span> Other individuals or entities whose membership is approved by the <span class=\"dictionary\">board<\/span> of <span class=\"dictionary\">directors<\/span> of the Consortium through a process established by the bylaws of the Consortium. <a id=\"paragraph-270867\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#C5\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"D\"><p><span class=\"prefix-number\">D.<\/span> The <span class=\"dictionary\">board<\/span> of <span class=\"dictionary\">directors<\/span> of the Consortium shall consist of <span class=\"dictionary\">members<\/span> selected and approved by the Consortium pursuant to a process established by its bylaws. <a id=\"paragraph-270868\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#D\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"E\"><p><span class=\"prefix-number\">E.<\/span> The <span class=\"dictionary\">board<\/span> of <span class=\"dictionary\">directors<\/span> of the Consortium shall appoint an executive <span class=\"dictionary\">director<\/span> to serve as the principal administrative officer of the Consortium. The executive <span class=\"dictionary\">director<\/span> shall carry out the specific duties assigned to him by the <span class=\"dictionary\">board<\/span> of <span class=\"dictionary\">directors<\/span> and develop appropriate policies and procedures for the operation of the Consortium; employ persons and secure services as required to carry out the purposes of the Consortium; expend funds as authorized by the <span class=\"dictionary\">Authority<\/span>; and accept moneys from federal or private sources on behalf of the <span class=\"dictionary\">Authority<\/span>, including moneys contributed by Consortium <span class=\"dictionary\">members<\/span> to the <span class=\"dictionary\">Authority<\/span>, for cost-sharing on nuclear energy research or projects. The executive <span class=\"dictionary\">director<\/span> and any other employee of the Consortium (i) shall be compensated in the manner provided by the <span class=\"dictionary\">board<\/span> of <span class=\"dictionary\">directors<\/span> of the <span class=\"dictionary\">Authority<\/span>, (ii) shall not be subject to the provisions of the Virginia Personnel Act (&#xA7; <a class=\"law\" title=\"Short title; purpose\" href=\"\/2.2-2900\/\">2.2-2900<\/a> et seq.), and (iii) shall not be deemed to be an officer or employee for purposes of the State and Local Government <span class=\"dictionary\">Conflict of Interests<\/span> Act (&#xA7; <a class=\"law\" title=\"Policy; application; construction\" href=\"\/2.2-3100\/\">2.2-3100<\/a> et seq.). <a id=\"paragraph-270869\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#E\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"F\"><p><span class=\"prefix-number\">F.<\/span> The articles of incorporation of the Consortium shall provide that upon dissolution the net <span class=\"dictionary\">assets<\/span> of the Consortium shall be transferred to the <span class=\"dictionary\">Authority<\/span>. <a id=\"paragraph-270870\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#F\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"G\"><p><span class=\"prefix-number\">G.<\/span> The Consortium shall not be deemed to be a state or governmental agency, advisory agency, public body, or agency or instrumentality for purposes of Chapter 8 (&#xA7; <a class=\"law\" title=\"Department of Accounts created; appointment of Comptroller; oath\" href=\"\/2.2-800\/\">2.2-800<\/a> et seq.), 18 (&#xA7; <a class=\"law\" title=\"Department of the Treasury; State Treasurer\" href=\"\/2.2-1800\/\">2.2-1800<\/a> et seq.), 24 (&#xA7; <a class=\"law\" title=\"Art and Architectural Review Board; members and officers; travel expenses; quorum; compensation; staff; report\" href=\"\/2.2-2400\/\">2.2-2400<\/a> et seq.), 29 (&#xA7; <a class=\"law\" title=\"Short title; purpose\" href=\"\/2.2-2900\/\">2.2-2900<\/a> et seq.), 31 (&#xA7; <a class=\"law\" title=\"Policy; application; construction\" href=\"\/2.2-3100\/\">2.2-3100<\/a> et seq.), 37 (&#xA7; <a class=\"law\" title=\"Short title; policy\" href=\"\/2.2-3700\/\">2.2-3700<\/a> et seq.), 38 (&#xA7; <a class=\"law\" title=\"Short title; findings; principles of information practice\" href=\"\/2.2-3800\/\">2.2-3800<\/a> et seq.), 43 (&#xA7; <a class=\"law\" title=\"Short title; purpose; declaration of intent\" href=\"\/2.2-4300\/\">2.2-4300<\/a> et seq.), 44 (&#xA7; <a class=\"law\" title=\"Short title; declaration of intent; applicability\" href=\"\/2.2-4400\/\">2.2-4400<\/a> et seq.), 45 (&#xA7; <a class=\"law\" title=\"Legal investments for public sinking funds\" href=\"\/2.2-4500\/\">2.2-4500<\/a> et seq.), 46 (&#xA7; <a class=\"law\" title=\"Short title; definitions\" href=\"\/2.2-4600\/\">2.2-4600<\/a> et seq.), or 47 (&#xA7; <a class=\"law\" title=\"Authorization to Treasury Board to provide certain assistance\" href=\"\/2.2-4700\/\">2.2-4700<\/a> et seq.) of Title 2.2, Chapter 14 (&#xA7; <a class=\"law\" title=\"Election, term and compensation; vacancy\" href=\"\/30-130\/\">30-130<\/a> et seq.) of Title 30, or Chapter 1 (&#xA7; <a class=\"law\" title=\"Virginia Retirement System established\" href=\"\/51.1-124.1\/\">51.1-124.1<\/a> et seq.) of Title 51.1. <a id=\"paragraph-270871\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#G\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"H\"><p><span class=\"prefix-number\">H.<\/span> The <span class=\"dictionary\">board<\/span> of <span class=\"dictionary\">directors<\/span> of the Consortium shall adopt, alter, and repeal bylaws governing the manner in which its business shall be transacted and the manner in which the activities of the Consortium shall be conducted. <a id=\"paragraph-270872\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#H\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"I\"><p><span class=\"prefix-number\">I.<\/span> The Consortium shall report on all of its nonproprietary activities at least twice a year to the <span class=\"dictionary\">Authority<\/span>. <a id=\"paragraph-270873\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/45.2-2105\/#I\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\n ESTABLISHMENT OF THE CONSORTIUM (\u00a7 45.2-2105)\n\nA. The Board shall provide for the formation, by January 1, 2014, of a nonstock\ncorporation under Chapter 10 (&#xA7; 13.1-801 et seq.) of Title 13.1, not\norganized for profit, that shall include in its name the words &#8220;Virginia\nNuclear Energy Consortium&#8221; or some variation thereof that is approved by\nthe Board.\n\nB. The Consortium shall be established for the purpose of conducting activities\nuseful in (i) making the Commonwealth a leader in nuclear energy; (ii) serving\nas an interdisciplinary study, research, and information resource for the\nCommonwealth on nuclear energy issues; and (iii) carrying out the provisions of\nthis article, including raising money on behalf of the Authority in the\ncorporate and nonprofit community and from other nonstate sources.\n\nC. The membership of the Consortium shall be open to:\n\n   1. Public or private institutions of higher education in the Commonwealth;\n\n   2. Commonwealth-based federal research laboratories;\n\n   3. Nuclear energy-related nonprofit organizations;\n\n   4. Business entities with operating facilities located in the Commonwealth\n   that are engaged in activities directly related to the nuclear energy\n   industry; and\n\n   5. Other individuals or entities whose membership is approved by the board of\n   directors of the Consortium through a process established by the bylaws of the\n   Consortium.\n\nD. The board of directors of the Consortium shall consist of members selected\nand approved by the Consortium pursuant to a process established by its bylaws.\n\nE. The board of directors of the Consortium shall appoint an executive director\nto serve as the principal administrative officer of the Consortium. The\nexecutive director shall carry out the specific duties assigned to him by the\nboard of directors and develop appropriate policies and procedures for the\noperation of the Consortium; employ persons and secure services as required to\ncarry out the purposes of the Consortium; expend funds as authorized by the\nAuthority; and accept moneys from federal or private sources on behalf of the\nAuthority, including moneys contributed by Consortium members to the Authority,\nfor cost-sharing on nuclear energy research or projects. The executive director\nand any other employee of the Consortium (i) shall be compensated in the manner\nprovided by the board of directors of the Authority, (ii) shall not be subject\nto the provisions of the Virginia Personnel Act (&#xA7; 2.2-2900 et seq.), and\n(iii) shall not be deemed to be an officer or employee for purposes of the State\nand Local Government Conflict of Interests Act (&#xA7; 2.2-3100 et seq.).\n\nF. The articles of incorporation of the Consortium shall provide that upon\ndissolution the net assets of the Consortium shall be transferred to the\nAuthority.\n\nG. The Consortium shall not be deemed to be a state or governmental agency,\nadvisory agency, public body, or agency or instrumentality for purposes of\nChapter 8 (&#xA7; 2.2-800 et seq.), 18 (&#xA7; 2.2-1800 et seq.), 24 (&#xA7;\n2.2-2400 et seq.), 29 (&#xA7; 2.2-2900 et seq.), 31 (&#xA7; 2.2-3100 et seq.),\n37 (&#xA7; 2.2-3700 et seq.), 38 (&#xA7; 2.2-3800 et seq.), 43 (&#xA7; 2.2-4300\net seq.), 44 (&#xA7; 2.2-4400 et seq.), 45 (&#xA7; 2.2-4500 et seq.), 46 (&#xA7;\n2.2-4600 et seq.), or 47 (&#xA7; 2.2-4700 et seq.) of Title 2.2, Chapter 14\n(&#xA7; 30-130 et seq.) of Title 30, or Chapter 1 (&#xA7; 51.1-124.1 et seq.) of\nTitle 51.1.\n\nH. The board of directors of the Consortium shall adopt, alter, and repeal\nbylaws governing the manner in which its business shall be transacted and the\nmanner in which the activities of the Consortium shall be conducted.\n\nI. The Consortium shall report on all of its nonproprietary activities at least\ntwice a year to the Authority.\n\nHISTORY: 2013, cc. 57, 394, \u00a7 67-1404; 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}}