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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>57708</law_id><section_number>23.1-2205</section_number><catch_line>Secured obligations</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>23.1-1015</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="IV">Public Institutions of Higher Education</unit><unit label="chapter" level="3" order_by="1" identifier="22">University of Virginia</unit><unit label="article" level="4" order_by="1" identifier="1">General Provisions</unit></structure><text>
						<section><p>It shall be unlawful for the board to <span class="dictionary">issue</span> its obligations to be secured by deed of trust on its real estate without the prior consent of the General Assembly.</p></section></text><history>Code 1919, &#xA7; 821, &#xA7; 23-65; 2016, c. 588.</history><metadata></metadata></law>
