Virginia Statutes
§ 32.1-365 — Public purpose; exemption from taxation
Virginia § 32.1-365
This text of Virginia § 32.1-365 (Public purpose; exemption from taxation) 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. § 32.1-365 (2026).
Text
A.The exercise of the powers granted by this chapter shall be in all respects for the benefit of the citizens of the Commonwealth and for the promotion of their safety, health, welfare, knowledge, convenience and prosperity.
B.The Foundation will be performing an essential governmental function in the exercise of the powers conferred upon it by this chapter, and the property of the Foundation and its income and operations shall be exempt from taxation or assessments upon any property acquired or used by the Foundation under the provisions of this chapter.
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Legislative History
1999, cc. 880, 962.
Nearby Sections
15
§ 32.1-10
Repealed§ 32.1-102.1
Definitions§ 32.1-102.10
Commencing project without certificate or registration grounds for refusing to issue license§ 32.1-102.11
Application of article§ 32.1-102.12
Repealed§ 32.1-102.13
Repealed§ 32.1-102.1:1
Equipment registration required§ 32.1-102.1:2
Certificate of public need required; registration of certain equipment and capital projects required§ 32.1-102.1:3
(Expires July 1, 2028) Medical care facilities and projects for which a certificate is required§ 32.1-102.2
Regulations§ 32.1-102.2:1
State Health Services Plan; Task ForceCite This Page — Counsel Stack
Bluebook (online)
Virginia § 32.1-365, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/32.1/32.1-365.