CODE OF VIRGINIA (EFFECTIVE OCTOBER 1, 2016) SALARY OF PRESIDENT AND PROFESSORS; FEES (§ 23.1-2204) The president and each of the professors shall receive a stated salary. The board may supplement such stated salary out of the fees for tuition and other revenues of the University. HISTORY: Code 1919, § 816, § 23-64; 2016, c. 588.