{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/51.5-57.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/51.5-57.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/51.5-57.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/51.5-57.html"}],"law_id":86018,"edition_id":1,"section_id":86018,"structure_id":14701,"section_number":"51.5-57","catch_line":"Assistive Technology Loan Fund established","history":"1995, c. 812; 2002, c. 19.","full_text":"A\n\nThere is hereby established a permanent and perpetual fund to be known as the Assistive Technology Loan Fund, consisting of such moneys as may be appropriated by the General Assembly from time to time, gifts, bequests, endowments or grants from the United States government, its agencies and instrumentalities, all receipts by the Fund from loans made by it, all income from the investment of moneys held in the Fund, and any other available sources of funds, public and private. Any moneys remaining in the Fund at the end of a biennium shall not revert to the general fund but shall remain in the Fund. Interest and income earned from the investment of such funds shall remain in the Fund and be credited to it.B\n\nThe Fund shall be used to provide loans to individuals with disabilities within the Commonwealth for the purpose of acquiring assistive technology, other equipment, or other authorized purposes designed to help such individuals become more independent. The Fund shall also be used to buy down interest rates of lending institutions making such loans and provide a loan guarantee for loans made by lending institutions for such purposes. The Fund shall be used only when, in the discretion of the Board, loan applicants have met eligibility criteria and the release of money is deemed appropriate.C\n\nThe Fund shall be administered and managed by the Authority. The costs and expenses of maintaining, servicing and administering the Fund may be paid out of amounts in the Fund.","order_by":null,"text":{"0":{"id":308065,"text":"There is hereby established a permanent and perpetual fund to be known as the Assistive Technology Loan Fund, consisting of such moneys as may be appropriated by the General Assembly from time to time, gifts, bequests, endowments or grants from the United States government, its agencies and instrumentalities, all receipts by the Fund from loans made by it, all income from the investment of moneys held in the Fund, and any other available sources of funds, public and private. Any moneys remaining in the Fund at the end of a biennium shall not revert to the general fund but shall remain in the Fund. Interest and income earned from the investment of such funds shall remain in the Fund and be credited to it.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":308066,"text":"The Fund shall be used to provide loans to individuals with disabilities within the Commonwealth for the purpose of acquiring assistive technology, other equipment, or other authorized purposes designed to help such individuals become more independent. The Fund shall also be used to buy down interest rates of lending institutions making such loans and provide a loan guarantee for loans made by lending institutions for such purposes. The Fund shall be used only when, in the discretion of the Board, loan applicants have met eligibility criteria and the release of money is deemed appropriate.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":308067,"text":"The Fund shall be administered and managed by the Authority. The costs and expenses of maintaining, servicing and administering the Fund may be paid out of amounts in the Fund.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":14701,"edition_id":1,"name":"Assistive Technology Loan Fund Authority","identifier":"11","label":"chapter","depth":2,"order_by":1,"parent_id":12761,"metadata":{},"date_created":"2026-06-26 03:49:24","date_modified":"2026-06-26 03:49:24","permalink":{"id":236411,"object_type":"structure","relational_id":14701,"identifier":"11","token":"51.5\/11","url":"\/51.5\/11\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12761,"edition_id":1,"name":"Persons With Disabilities","identifier":"51.5","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":236393,"object_type":"structure","relational_id":12761,"identifier":"51.5","token":"51.5","url":"\/51.5\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":75283,"structure_id":14701,"section_number":"51.5-53","catch_line":"Definitions","url":"\/51.5-53\/","token":"51.5\/11\/51.5-53","metadata":false},{"id":66289,"structure_id":14701,"section_number":"51.5-54","catch_line":"Declaration of purpose; Assistive Technology Loan Fund Authority established","url":"\/51.5-54\/","token":"51.5\/11\/51.5-54","metadata":false},{"id":67889,"structure_id":14701,"section_number":"51.5-55","catch_line":"Membership of Board; terms, compensation, and expenses","url":"\/51.5-55\/","token":"51.5\/11\/51.5-55","metadata":false},{"id":56342,"structure_id":14701,"section_number":"51.5-56","catch_line":"Powers of the Authority","url":"\/51.5-56\/","token":"51.5\/11\/51.5-56","metadata":false},{"id":86018,"structure_id":14701,"section_number":"51.5-57","catch_line":"Assistive Technology Loan Fund established","url":"\/51.5-57\/","token":"51.5\/11\/51.5-57","metadata":false},{"id":82452,"structure_id":14701,"section_number":"51.5-58","catch_line":"Provision of loans","url":"\/51.5-58\/","token":"51.5\/11\/51.5-58","metadata":false},{"id":74949,"structure_id":14701,"section_number":"51.5-59","catch_line":"Annual report; Auditor of Public Accounts to audit books and accounts","url":"\/51.5-59\/","token":"51.5\/11\/51.5-59","metadata":false}],"previous_section":{"id":56342,"structure_id":14701,"section_number":"51.5-56","catch_line":"Powers of the Authority","url":"\/51.5-56\/","token":"51.5\/11\/51.5-56","metadata":false},"next_section":{"id":82452,"structure_id":14701,"section_number":"51.5-58","catch_line":"Provision of loans","url":"\/51.5-58\/","token":"51.5\/11\/51.5-58","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/51.5-57\/","history_text":"

This law was first created in 1995. The record of its establishment is cataloged in chapter 812<\/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 2002, chapter 19<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":236429,"object_type":"law","relational_id":86018,"identifier":"51.5-57","token":"51.5\/11\/51.5-57","url":"\/51.5-57\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/51.5-57\/","token":"51.5\/11\/51.5-57","dublin_core":{"Title":"Assistive Technology Loan Fund established","Type":"Text","Format":"text\/html","Identifier":"\u00a7 51.5-57","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> There is hereby established a permanent and perpetual fund<\/span> to be known as the Assistive Technology<\/span> Loan Fund<\/span>, consisting of such moneys as may be appropriated by the General Assembly from time to time, gifts, bequests, endowments or grants from the United States government, its agencies and instrumentalities, all receipts by the Fund<\/span> from loans made by it, all income from the investment of moneys held in the Fund<\/span>, and any other available sources of funds<\/span>, public and private. Any moneys remaining in the Fund<\/span> at the end of a biennium shall not revert to the general fund<\/span> but shall remain in the Fund<\/span>. Interest and income earned from the investment of such funds<\/span> shall remain in the Fund<\/span> and be credited to it. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Fund<\/span> shall be used to provide loans to individuals with disabilities within the Commonwealth for the purpose of acquiring assistive technology<\/span>, other equipment, or other authorized purposes designed to help such individuals become more independent. The Fund<\/span> shall also be used to buy down interest rates of lending institutions making such loans and provide a loan guarantee for loans made by lending institutions for such purposes. The Fund<\/span> shall be used only when, in the discretion of the Board<\/span>, loan applicants have met eligibility criteria and the release of money is deemed appropriate. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The Fund<\/span> shall be administered and managed by the Authority<\/span>. The costs and expenses of maintaining, servicing and administering the Fund<\/span> may be paid out of amounts in the Fund<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nASSISTIVE TECHNOLOGY LOAN FUND ESTABLISHED (\u00a7 51.5-57)\n\nA. There is hereby established a permanent and perpetual fund to be known as the\nAssistive Technology Loan Fund, consisting of such moneys as may be appropriated\nby the General Assembly from time to time, gifts, bequests, endowments or grants\nfrom the United States government, its agencies and instrumentalities, all\nreceipts by the Fund from loans made by it, all income from the investment of\nmoneys held in the Fund, and any other available sources of funds, public and\nprivate. Any moneys remaining in the Fund at the end of a biennium shall not\nrevert to the general fund but shall remain in the Fund. Interest and income\nearned from the investment of such funds shall remain in the Fund and be\ncredited to it.\n\nB. The Fund shall be used to provide loans to individuals with disabilities\nwithin the Commonwealth for the purpose of acquiring assistive technology, other\nequipment, or other authorized purposes designed to help such individuals become\nmore independent. The Fund shall also be used to buy down interest rates of\nlending institutions making such loans and provide a loan guarantee for loans\nmade by lending institutions for such purposes. The Fund shall be used only\nwhen, in the discretion of the Board, loan applicants have met eligibility\ncriteria and the release of money is deemed appropriate.\n\nC. The Fund shall be administered and managed by the Authority. The costs and\nexpenses of maintaining, servicing and administering the Fund may be paid out of\namounts in the Fund.\n\nHISTORY: 1995, c. 812; 2002, c. 19.","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}}