<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>77059</law_id><section_number>23.1-1101</section_number><catch_line>Powers of institutions vested in majority of members of board; quorum</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><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>The powers of each <span class="dictionary">institution</span> derived directly or indirectly from this chapter are vested in and may be exercised by a majority of the members of its <span class="dictionary">board</span>, and a majority of such <span class="dictionary">board</span> constitutes a quorum for the transaction of any business authorized by this chapter.</p></section></text><history>1933, p. 83, &#xA7; 23-14; 1946, p. 183; 1956, c. 373; 1960, c. 180; 1962, c. 69; 1964, cc. 358, 440, 635; 1966, c. 616; 1972, cc. 550, 861; 1974, c. 317; 1975, c. 396; 1976, c. 189; 1977, cc. 296, 319, 668; 1979, cc. 136, 145; 1987, c. 329; 1992, c. 103; 1999, cc. 424, 437; 2000, cc. 108, 671; 2001, c. 578; 2002, cc. 87, 158, 257, 478; 2004, cc. 176, 195, 857; 2005, cc. 774, 799; 2006, cc. 808, 842; 2008, c. 56; 2013, c. 805; 2015, cc. 369, 542; 2016, c. 588.</history><metadata></metadata></law>
