CODE OF VIRGINIA

GENERAL POWERS OF AUTHORITY; REGULATIONS; ENFORCEMENT OF STATUTES, RULES, ETC
(§ 15.2-6005)

In order to enable it to carry out the purposes of this chapter, the Authority
acting through its Board:

   1.  Is vested with the powers of a body corporate, including the power to sue
   and be sued, to plead and be impleaded, to make contracts, and to adopt and
   use a common seal and to alter the same as may be deemed expedient;

   2.  May retain legal counsel to represent the Authority in hearings,
   controversies, or matters involving the interests of the Authority and the
   furtherance of its purpose; and

   3.  Is vested with power to adopt, alter or repeal its own bylaws, regulations
   governing the manner in which its business may be transacted and in which the
   power granted to it may be enjoyed, and may provide for the appointment of
   such committees, and the functions thereof, as the Authority may deem
   necessary to facilitate its business. Such committees shall consist of such
   number of persons as the Authority shall deem advisable. Members of committees
   shall receive no compensation for their services, but may be reimbursed their
   necessary traveling and other expenses incurred while on business of the
   Authority. The Authority may set flat fees for expenses for a member’s
   attendance at all meetings of the Authority or at its other functions. Such
   fees shall not exceed $ 100 per day.

HISTORY: 1988, c. 833, § 15.1-1640; 1990, c. 341; 1997, c. 587.