Code of Virginia § 15.2-5344. Contracts with federal government.
155 words·~1 min read·
/va/title-15-2/chapter-53/15-2-5344A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The authority is empowered to borrow money and accept grants from the federal government for or in aid of the construction of any hospital project which such authority is authorized by this chapter to undertake, to take over any land acquired by the federal government for the construction of a hospital project, to take over or lease or manage any hospital project constructed or owned by the federal government, and to these ends, to enter into such contracts, trust indentures, leases, or other agreements that the federal government shall have the right to supervise and approve the construction, maintenance and operation of such hospital project.
Pursuant to this chapter an authority may do any and all things necessary to secure the financial aid and the cooperation of the federal government in the construction, maintenance and operation of any hospital project of the authority.
Code 1950, § 32-259; 1979, c. 719, § 15.1-1579; 1997, c. 587.