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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>72231</law_id><section_number>23.1-2409</section_number><catch_line>Grants and loans from localities</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="IV">Public Institutions of Higher Education</unit><unit label="chapter" level="3" order_by="1" identifier="24">Virginia Commonwealth University Health System Authority</unit></structure><text>
						<section><p>Localities may lend or donate money or other property to the <span class="dictionary">Authority</span> for any of the <span class="dictionary">Authority</span>&#x2019;s purposes. The local governing body making the grant or loan may restrict the use of such grants or loans to a specific <span class="dictionary">project</span> within or outside that locality.</p></section></text><history>1996, cc. 905, 1046, &#xA7; 23-50.16:11; 2016, c. 588; 2017, c. 314.</history><metadata></metadata></law>
