                                 CODE OF VIRGINIA

INSTITUTIONS; POWERS; PROJECTS AND BONDS (§ 23.1-1104)

With the prior consent of the Governor, any institution may acquire any project
by purchase, gift, or otherwise, erect any project, or refinance the cost of
acquiring or erecting any project, and in connection with any such acquisition,
erection, or refinancing, any institution may borrow money; make, issue, and
sell its bonds as provided in this chapter; and enter into and perform all
lawful contracts and agreements, do all lawful acts necessary or proper, and
make such lawful contracts and agreements and perform all such lawful acts as
may be necessary, proper, or advisable for the purpose of obtaining or securing
grants, loans, or financial assistance of any kind under any act of Congress or
the Commonwealth.

HISTORY: 1933, p. 85, § 23-18; 1946, p. 184; 1966, c. 572; 2016, c. 588.