Virginia Statutes
§ 23.1-2207 — Payment of interest on debt of University; sinking fund
Virginia § 23.1-2207
JurisdictionVirginia
Title 23.1INSTITUTIONS OF HIGHER EDUCATION; OTHER EDUCATIONAL AND CULTURAL INSTITUTIONS
Subtitle IVPUBLIC INSTITUTIONS OF HIGHER EDUCATION
Ch. 22UNIVERSITY OF VIRGINIA
Art. 1General Provisions
This text of Virginia § 23.1-2207 (Payment of interest on debt of University; sinking fund) 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. § 23.1-2207 (2026).
Text
Out of the appropriation made by the General Assembly for the support of the University, there shall be first set apart, annually, a sum sufficient to pay the interest accruing on the existing interest-bearing debt of the University, except as provided in § 23.1-1109, and to constitute a sinking fund for the liquidation of the principal of such debt. Such sum shall be applied to no other purpose or object.
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Legislative History
Code 1919, § 820, § 23-67; 2016, c. 588.
Nearby Sections
15
§ 23.1-100
Definitions§ 23.1-1000
Definitions§ 23.1-1001
Financial and administrative management standards for public institutions of higher education§ 23.1-1003
Memoranda of understanding§ 23.1-1005
Approval of a management agreement§ 23.1-1006
Management agreement; contents and scope§ 23.1-1007
Management agreement; duration and oversightCite This Page — Counsel Stack
Bluebook (online)
Virginia § 23.1-2207, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/23.1/23.1-2207.