Virginia Statutes
§ 10.1-1024 — Gifts and bequests to Foundation
Virginia § 10.1-1024
JurisdictionVirginia
Title 10.1CONSERVATION
Subtitle IACTIVITIES ADMINISTERED BY THE DEPARTMENT OF CONSERVATION AND RECREATION
Ch. 10.2VIRGINIA LAND CONSERVATION FOUNDATION
This text of Virginia § 10.1-1024 (Gifts and bequests to Foundation) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 10.1-1024 (2026).
Text
Gifts, devises and bequests of money, securities and other assets accepted by the Foundation, whether personal or real property, shall be deemed to be gifts to the Commonwealth, which shall be exempt from all state and local taxes and shall be regarded as property of the Commonwealth for the purposes of all tax laws.
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Legislative History
1992, c. 426; 2000, c. 1053.
Nearby Sections
15
§ 10.1-100
Definitions§ 10.1-1000
Definitions§ 10.1-1001
Cave Board; qualifications; officers§ 10.1-1002
Powers and duties of Cave Board§ 10.1-1004
Vandalism; penalties§ 10.1-1005
Pollution; penalties§ 10.1-1007
Sale of speleothems; penalties§ 10.1-1009
Definitions§ 10.1-1010
Creation, acceptance and duration§ 10.1-1011
Taxation§ 10.1-1012
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Bluebook (online)
Virginia § 10.1-1024, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/10.1/10.1-1024.