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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>55320</law_id><section_number>23.1-1100</section_number><catch_line>Definitions</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>13.1-543</reference><reference>2.2-106</reference><reference>2.2-1520</reference><reference>23.1-1006</reference><reference>23.1-1015</reference><reference>23.1-1205</reference><reference>23.1-213</reference><reference>23.1-2212</reference><reference>23.1-226</reference><reference>23.1-2309</reference><reference>24.2-416.3</reference><reference>25.1-100</reference><reference>59.1-148.3</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="23.1">Institutions of Higher Education; Other Educational and Cultural Institutions</unit><unit label="subtitle" level="2" order_by="1" identifier="III">Management and Financing</unit><unit label="chapter" level="3" order_by="1" identifier="11">Bonds and Other Obligations</unit></structure><text>
						<section><p>As used in this chapter, unless the context requires a different meaning:
		&#x201C;Board&#x201D; means the members of the board of visitors, board of trustees, or other <span class="dictionary">governing board</span> of an institution.
		&#x201C;<span class="dictionary">Bond</span>&#x201D; means any <span class="dictionary">bond</span>, note, or other <span class="dictionary">evidence</span> of indebtedness or obligation of an institution issued by an institution pursuant to this chapter.
		&#x201C;<span class="dictionary">Erect</span>&#x201D; includes building, constructing, reconstructing, erecting, demolishing, extending, bettering, equipping, installing, modifying, and improving.
		&#x201C;Institution&#x201D; means each <span class="dictionary">public institution of higher education</span>, as that term is defined in &#xA7;&#xA0;<a class="law" title="Definitions" href="/23.1-100/">23.1-100</a>, the Institute for Advanced Learning and Research, the New College Institute, the Roanoke Higher Education Authority, the Southern Virginia Higher Education Center, the Southwest Virginia Higher Education Center, the Virginia School for the Deaf and the Blind, and the Wilson Workforce and Rehabilitation Center.
		&#x201C;<span class="dictionary">Project</span>&#x201D; means (i) any (a) building, facility, addition, extension, or improvement of a capital nature that is necessary or convenient to carry out the purposes of an institution, including administration and teaching facilities, lecture and exhibition halls, libraries, dormitories, student apartments, faculty dwellings, dining halls, cafeterias, snack bars, laundries, hospitals, laboratories, research centers, infirmaries, field houses, gymnasiums, auditoriums, student unions, recreation centers, stadiums, athletics facilities, garages, parking facilities, warehouses and storage buildings, and book and student supplies centers, or (b) building, land, appurtenance, furnishing, or equipment necessary or desirable in connection with or incidental to a <span class="dictionary">project</span> or (ii) any personal property at an institution.</p></section></text><history>1933, p. 83, &#xA7; 23-15; 1946, p. 184; 1964, c. 635; 1996, cc. 672, 689; 2016, c. 588; 2023, cc. 756, 778.</history><metadata></metadata></law>
