CODE OF VIRGINIA

GRANTS OR LOANS OF PUBLIC OR PRIVATE FUNDS (§ 10.1-1615)

The Authority is authorized to accept, receive, receipt for, disburse, and
expend federal and state moneys and other moneys, public or private, made
available by grant, loan or otherwise, to accomplish any of the purposes of this
chapter. All federal moneys accepted under this section shall be accepted and
expended by the Authority upon terms and conditions prescribed by the United
States and consistent with state law. All state moneys accepted under this
section shall be accepted and expended by the Authority upon terms and
conditions prescribed by the Commonwealth.

HISTORY: 1986, c. 360, § 10-158.12; 1988, c. 891.