Virginia Statutes
§ 23.1-2638 — Institutions receiving interest accruing on proceeds of land scrip
Virginia § 23.1-2638
JurisdictionVirginia
Title 23.1INSTITUTIONS OF HIGHER EDUCATION; OTHER EDUCATIONAL AND CULTURAL INSTITUTIONS
Subtitle IVPUBLIC INSTITUTIONS OF HIGHER EDUCATION
Ch. 26VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY
Art. 6GOVERNMENTAL AID AND INDIVIDUAL DONATIONS
This text of Virginia § 23.1-2638 (Institutions receiving interest accruing on proceeds of land scrip) 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. § 23.1-2638 (2026).
Text
The annual accruing interest from the education fund resulting from the donation of lands by act of Congress on July 2, 1862, and the sale of such lands and the investment of the proceeds from such sale in state bonds by the Board of Education on February 7 and March 19, 1872, shall be paid one-third to Virginia State University and two-thirds to the University.
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Legislative History
Code 1919, § 853, § 23-136; 1920, p. 492; 1979, c. 147; 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 § 23.1-2638, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/23.1/23.1-2638.