An authority shall have power to own, hold, clear and improve property and to insure or provide for the insurance of the property or operations of the authority against such risks as the authority may deem advisable.
Va. Code Ann. § 15.2-5338
Owning property
Code 1950, § 32-252; 1979, c. 719, § 15.1-1573; 1997, c. 587.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.