Virginia Statutes
§ 23.1-2405 — Additional powers of the Authority; operation of projects
Virginia § 23.1-2405
JurisdictionVirginia
Title 23.1Institutions of Higher Education; Other Educational and Cultural Institutions
Subtitle IVPublic Institutions of Higher Education
Ch. 24Virginia Commonwealth University Health System Authority
This text of Virginia § 23.1-2405 (Additional powers of the Authority; operation of projects) 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. § 23.1-2405 (2026).
Text
A.The Authority may acquire, plan, design, construct, own, rent as landlord or tenant, operate, control, remove, renovate, enlarge, equip, and maintain, directly or through stock or nonstock corporations or other entities, any project as defined in this chapter. Such projects may be owned or operated by the Authority or other parties or jointly by the Authority and other parties and may be operated within or outside the Commonwealth, so long as (i) their operations are necessary or desirable to assist the Authority in carrying out its public purposes within the Commonwealth and (ii) any private benefit resulting to any such other private parties from any such project is merely incidental to the public benefit of the project.
B.In the operation of hospitals and other health care and rela
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Legislative History
1996, cc. 905, 1046, § 23-50.16:9; 2016, c. 588; 2020, c. 1137.
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 § 23.1-2405, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/23.1/23.1-2405.