                                 CODE OF VIRGINIA

POWERS AND DUTIES OF THE PRESIDENT (§ 2.2-2354)

The president shall employ or retain such agents or employees subordinate to the
president as may be necessary to fulfill the duties of the Authority conferred
upon the president, subject to the Board&#8217;s approval. Employees of the
Authority shall be eligible for membership in the Virginia Retirement System and
participation in all of the health and related insurance and other benefits,
including premium conversion and flexible benefits, available to state employees
as provided by law. The president shall also exercise such of the powers and
duties relating to the direction of the Commonwealth&#8217;s research and
commercialization efforts conferred upon the Authority as may be delegated to
him by the Board, including powers and duties involving the exercise of
discretion. The president shall also exercise and perform such other powers and
duties as may be lawfully delegated to him or as may be conferred or imposed
upon him by law.

HISTORY: 2020, cc. 1164, 1169.