CODE OF VIRGINIA

(REPEALED EFFECTIVE OCTOBER 1, 2016) REPORT OF ATHLETIC RECEIPTS AND
DISBURSEMENTS (§ 23-1.1)

It shall be the duty of the president or chairman of the board of visitors or
trustees of every state institution of higher learning which maintains an
intercollegiate athletic program to cause to be made out by the proper officer
of such institution, and forwarded to the Comptroller annually by December
thirty-first a detailed statement of all athletic receipts and disbursements of
such institution and of any affiliated committee, group, corporation or
association charged with administering the athletic program. Such report shall
include all receipts from admission tickets, programs, refreshment concessions,
radio, television, newsreel or movie rights, and all other receipts related to
any athletic contest or event. The report of disbursements shall include the
name of each person, firm or corporation to whom such disbursement was made and
the amount thereof. The report shall be kept on file by the Comptroller and
shall be open to public inspection at all reasonable times.

HISTORY: 1952, c. 172; 1979, c. 630.