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.

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Bluebook (online)
Virginia § 23.1-2405, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/23.1/23.1-2405.