Code of Virginia § 10.1-543. Acquisition, improvement and disposition of property.
90 words·~1 min read·
/va/title-10-1/chapter-5/10-1-543·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Districts are authorized to
(i)obtain options upon and to acquire, by purchase, exchange, lease, gift, grant, bequest, devise, or otherwise, any property, real or personal, or rights or interests therein;
(ii)maintain, administer, and improve any properties acquired, to receive income from such properties and to expend such income in carrying out the purposes and provisions of this article; and
(iii)sell, lease, or otherwise dispose of any of their property or interests therein in furtherance of the provisions of this chapter.
Code 1950, § 21-58; 1988, c. 891.