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Va. Code Ann. § 23.1-2638

Institutions receiving interest accruing on proceeds of land scrip

Code 1919, § 853, § 23-136; 1920, p. 492; 1979, c. 147; 2016, c. 588.

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.

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.