                                 CODE OF VIRGINIA

FORM OF COMPACT (§ 22.1-358)

The General Assembly hereby enacts, and the Commonwealth of Virginia hereby
enters into, the Southern Regional Education Compact of 1950 with any and all
states legally joining therein according to its terms agreed to in Senate Joint
Resolution 22 (1950), as amended by the House Joint Resolution No. 28 (1956), in
the form substantially as follows:
		§ 1. Agreement.
		In consideration of the mutual agreements, covenants and obligations assumed
by the respective States who are parties to this compact (hereinafter referred
to as States), the States do hereby form a geographical district or region
consisting of the areas lying within the boundaries of the contracting States
which, for the purposes of this compact, shall constitute an area for regional
education supported by public funds derived from taxation by the constituent
States and derived from other sources for the establishment, acquisition,
operation and maintenance of regional educational schools and institutions for
the benefit of citizens of the respective States residing within the region so
established as may be determined from time to time in accordance with the terms
and provisions of this compact.
		§ 2. Southern Regional Education Board established; membership; terms.
		The States do further hereby establish and create a joint agency, which shall
be known as the Board of Control for Southern Regional Education (hereinafter
referred to as the Board). The members of the Board shall consist of the
Governor of each State, ex officio, and four additional citizens of each State
to be appointed by the Governor thereof, at least one of whom shall be selected
from the field of education, and at least one of whom shall be a member of the
Legislature of that State. The Governor shall continue as a member of the Board
during his tenure of office as Governor of the State, but the members of the
Board appointed by the Governor shall hold office for a period of four years
following the initial staggering of terms. Vacancies on the Board caused by
death, resignation, refusal or inability to serve, shall be filled by
appointment by the Governor for the unexpired portion of the term.
		§ 3. Officers and meetings.
		The officers of the Board shall be a Chairman, a Vice-Chairman, a Secretary, a
Treasurer, and such additional officers as may be created by the Board from time
to time. The Board shall meet annually and officers shall be elected to hold
office until the next annual meeting. The Board shall have the right to
formulate and establish by-laws not inconsistent with the provisions of this
compact to govern its own actions in the performance of the duties delegated to
it including the right to create and appoint an Executive Committee and a
Finance Committee with such powers and authority as the Board may delegate to
them from time to time. The Board may, within its discretion, elect as its
Chairman a person who is not a member of the Board, provided such person resides
within a signatory State, and upon such election such person shall become a
member of the Board with all the rights and privileges of such membership.
		§ 4. Powers and duties.
		It shall be the duty of the Board to submit plans and recommendations to the
States from time to time for their approval and adoption by appropriate
legislative action for the development, establishment, acquisition, operation
and maintenance of educational schools and institutions within the geographical
limits of the regional area of the States, of such character and type and for
such educational purposes, professional, technological, scientific, literary, or
otherwise, as they may deem and determine to be proper, necessary or advisable.
Title to all such educational institutions when so established by appropriate
legislative actions of the States and to all properties and facilities used in
connection therewith shall be vested in the Board as the agency of and for the
use and benefit of the States and the citizens thereof, and all such educational
institutions shall be operated, maintained and financed in the manner herein set
out, subject to any provisions or limitations which may be contained in the
legislative acts of the States authorizing the creation, establishment and
operation of such educational institutions.
		In addition, the Board shall have the power to enter into such agreements or
arrangements with any of the States and with educational institutions or
agencies, as may be required in the judgment of the Board, to provide adequate
services and facilities for the graduate, professional, and technical education
for the benefit of the citizens of the respective States residing within the
region, and such additional and general power and authority as may be vested in
the Board from time to time by legislative enactment of the States.
		§ 5. Supplemental agreements.
		Any two or more States who are parties of the compact shall have the right to
enter into supplemental agreements providing for the establishment, financing
and operation of regional educational institutions for the benefit of citizens
residing within an area that constitutes a portion of the general region
created, such institutions to be financed exclusively by such States and to be
controlled exclusively by the members of the Board representing such States
provided such agreement is submitted to and approved by the Board prior to the
establishment of such institutions.
		§ 6. Funding.
		Each State agrees that, when authorized by the legislature, it will from time
to time make available and pay over to the Board such funds as may be required
for the establishment, acquisition, operation and maintenance of such regional
educational institutions as may be authorized by the States under the terms of
this compact, the contribution of each State at all times to be in the
proportion that its population bears to the total combined population of the
States who are parties as shown from time to time by the most recent official
published report of the Bureau of the Census of the United States of America; or
upon such other basis as may be agreed upon.
		§ 7. Effective date.
		This compact shall not take effect or be binding upon any State unless and
until it shall be approved by proper legislative action of as many as six or
more of the States whose governors have subscribed to this compact within a
period of 18 months from the subscribed date. When and if six or more States
shall have given legislative approval to this compact within the 18-month
period, it shall be and become binding upon the six or more States 60 days after
the date of legislative approval by the sixth State and the governors of such
six or more States shall name the members of the Board from their States, and
the Board shall then meet on call of the governor of any State approving this
compact, at which time the Board shall elect officers, adopt bylaws, appoint
committees and otherwise fully organize. Other States whose names are subscribed
to this compact shall thereafter become parties upon approval of this compact by
legislative action within two years from the subscribed date, upon such
conditions as may be agreed upon at the time. However, any State whose
constitution may require amendment in order to permit legislative approval of
the compact, shall become a party upon approval of this compact by legislative
action within seven years from the subscribed date, upon such conditions as may
be agreed upon at the time.
		§ 8. Termination and withdrawal.
		After becoming effective this compact shall thereafter continue until
terminated by unanimous action of the States. A State may withdraw from this
compact if such withdrawal is approved by its legislature. Such withdrawal shall
become effective two years after written notice to the Board accompanied by a
certified copy of the requisite legislative action, but such withdrawal shall
not relieve the withdrawing State from its obligations accruing up to the
effective date of such withdrawal. Any State so withdrawing shall ipso facto
cease to have any claim to or ownership of any of the property held or vested in
the Board or to any of the funds of the Board held under the terms of this
compact.
		§ 9. Defaulting states.
		If any State shall at any time become in default in the performance of any of
its obligations assumed herein or with respect to any obligation imposed upon
the State as authorized by and in compliance with the terms and provisions of
this compact, all rights, privileges and benefits of such defaulting State, its
members on the Board and its citizens shall ipso facto be and become suspended
from and after the date of such default. Unless such default shall be remedied
and made good within a period of one year immediately following the date of such
default this compact may be terminated with respect to such defaulting State by
an affirmative vote of three-fourths of the members of the Board (exclusive of
the members representing the State in default), from and after which time such
State shall cease to be a party to this compact and shall have no further claim
to or ownership of any of the property held by or vested in the Board or to any
of the funds of the Board held under the terms of this compact, but such
termination shall in no manner release such defaulting State from any accrued
obligation or otherwise affect this compact or the rights, duties, privileges or
obligations of the remaining States.

HISTORY: 2004, c. 1000.