                                 CODE OF VIRGINIA

GRANTS (§ 62.1-239)

Subject to any restrictions which may apply to the use of money in the Fund, the
Board in its discretion may approve the use of money in the Fund to make grants
or appropriations to local governments or other entities to pay the cost of any
project. The Board may establish such terms and conditions on any grant as it
deems appropriate. Grants shall be disbursed from the Fund by the Authority in
accordance with the written direction of the Board.

HISTORY: 1987, c. 324; 1997, cc. 651, 665.