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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>81803</law_id><section_number>63.2-2103</section_number><catch_line>Management of the Family and Children&amp;#8217;s Trust Fund; counsel</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="63.2">Welfare (Social Services)</unit><unit label="subtitle" level="2" order_by="1" identifier="VI">Grant Programs and Funds</unit><unit label="chapter" level="3" order_by="1" identifier="21">Family and Children's Trust Fund</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> All funds received by the Family and Children&#x2019;s Trust Fund shall be paid to the treasury of Virginia, which shall be custodian of the Family and Children&#x2019;s Trust Fund. Such funds shall be set aside as a separate fund and shall be managed by the Treasurer of Virginia at the discretion of the <span class="dictionary">Board</span> of Trustees. The net earnings of the Trust Fund shall not inure to the benefit of any private person or entity, except that the <span class="dictionary">Board</span> of Trustees may authorize payment of reasonable compensation for goods provided and services rendered and may authorize disbursements in furtherance of the purpose set forth in &#xA7; <a class="law" title="Family and Children's Trust Fund; public purpose; exempt from taxation" href="/63.2-2100/">63.2-2100</a>. The Trust Fund or <span class="dictionary">Board</span> of Trustees shall not carry on propaganda, or otherwise attempt, to influence legislation as a substantial part of its activities; and it shall not participate or intervene, by publishing or distributing statements or by other means, in any political campaign on behalf of any candidate for public office. If the Trust Fund is dissolved, any <span class="dictionary">assets</span> remaining after payment, or provision for payment, of all claims against it shall be distributed to the Commonwealth for public purposes. <a id="paragraph-293111" class="section-permalink" href="https://vacode.org/63.2-2103/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Legal services for the <span class="dictionary">Board</span> of Trustees shall be provided by the <span class="dictionary">Attorney General</span> in accordance with Chapter 5 (&#xA7; <a class="law" title="Attorney General to be chief executive officer; duties generally" href="/2.2-500/">2.2-500</a> et seq.) of Title 2.2. <a id="paragraph-293112" class="section-permalink" href="https://vacode.org/63.2-2103/#B"><i class="fa fa-link"/></a></p></section></text><history>1986, c. 416, &#xA7; 63.1-330; 2002, c. 747; 2024, c. 427.</history><metadata></metadata></law>
