                                 CODE OF VIRGINIA

POWERS OF AUTHORITY (§ 2.2-2318)

The Authority, acting through the Executive Director, shall be granted all
powers necessary or appropriate to carry out and to effectuate its purposes,
including the following to:

1. Have perpetual succession as a public body corporate and as a political
subdivision of the Commonwealth;

2. Adopt, amend, and repeal bylaws, rules, and regulations, not inconsistent
with this article for the administration and regulation of its affairs, to carry
into effect the powers and purposes of the Authority and the conduct of its
business;

3. Sue and be sued in its own name;

4. Have an official seal and alter it at will although the failure to affix this
seal shall not affect the validity of any instrument executed on behalf of the
Authority;

5. Maintain an office at any place within or without the Commonwealth that it
designates;

6. Make and execute contracts and all other instruments and agreements necessary
or convenient for the performance of its duties and the exercise of its powers
and functions under this article;

7. Acquire real or personal property, or any interest therein, by purchase,
exchange, gift, assignment, transfer, foreclosure, lease, or otherwise,
including rights or easements, and hold, manage, operate, or improve such
property;

8. Sell, convey, mortgage, pledge, lease, exchange, transfer, and otherwise
dispose of all or any part of its properties and assets;

9. Employ officers, employees, agents, advisers, and consultants, including
without limitation, financial advisers and other technical advisers and public
accountants and, the provisions of any other law to the contrary
notwithstanding, to determine their duties and compensation without the approval
of any other agency or instrumentality;

10. Procure insurance, in amounts and from insurers of its choice, or provide
self-insurance, against any loss, cost, or expense in connection with its
property, assets, or activities, including insurance or self-insurance against
liability for its acts or the acts of its directors, employees, or agents and
for the indemnification of the members of its Board and its employees and
agents;

11. Receive and accept from any source aid, grants, and contributions of money,
property, labor, or other things of value to be held, used, and applied to carry
out the purposes of this article subject to the conditions upon which the aid,
grants, or contributions are made;

12. Enter into agreements with any department, agency, or instrumentality of the
United States, the Commonwealth, the District of Columbia, or any state for
purposes consistent with its mission;

13. Establish and revise, amend and repeal, and charge and collect, fees and
charges in connection with any activities or services of the Authority;

14. Make grants to local governments with any funds of the Authority available
for this purpose;

15. Develop policies and procedures generally applicable to the procurement of
goods, services, and construction based on competitive principles;

16. Issue periodicals and carry and charge for advertising therein;

17. Raise money in the corporate, nonprofit, and nonstate communities to finance
the Authority&#8217;s activities;

18. Support and encourage each locality to foster its own tourism development
programs;

19. Enter into agreements with public or private entities that provide
participating funding to establish and operate tourism centers, funded jointly
by the entity and the Authority, as shall be determined by the Executive
Director, and as approved by the Authority;

20. Encourage, stimulate, and support tourism in the Commonwealth by promoting,
marketing, and advertising the Commonwealth&#8217;s many tourist attractions and
locations;

21. Encourage, stimulate, and support the film industry in the Commonwealth;

22. Do all things necessary or proper to administer and manage the Cooperative
Tourism Advertising Fund and the Governor&#8217;s Motion Picture Opportunity
Fund;

23. Update a travel guide for the disabled in the first year of every biennium
beginning in fiscal year 2003;

24. Develop a comprehensive plan to promote destinations of historical and other
significance located throughout the Commonwealth in anticipation of the 400th
anniversary of the Jamestown settlement;

25. In consultation with the Library of Virginia, the Virginia African American
Advisory Board, established pursuant to &#xA7; 2.2-2491, and other subject
matter experts as deemed appropriate by the Authority, create guidelines for the
Authority&#8217;s publications and advertising materials to ensure the accurate
representation in such publications and advertising materials of the experiences
of enslaved persons at and the contributions of enslaved persons to properties
in the Commonwealth with a historic link to slave ownership; and

26. Do any act necessary or convenient to the exercise of the powers granted or
reasonably implied by this article and not otherwise inconsistent with state
law.

HISTORY: 1999, cc. 852, 881, § 2.1-548.59; 2001, cc. 67, 844; 2005, c. 360;
2007, c. 779; 2024, c. 531.