{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/23.1-2214.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/23.1-2214.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/23.1-2214.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/23.1-2214.html"}],"law_id":355234,"edition_id":2,"section_id":355234,"structure_id":50818,"section_number":"23.1-2214","catch_line":"Gifts, bequests, and devises","history":"Code 1919, \u00a7 822, \u00a7 23-81; 1956, c. 184; 2016, c. 588.","full_text":"Any person may (i) deposit in the state treasury; (ii) bequeath money, stocks, or public bonds of any kind to be so deposited; or (iii) grant, devise, or bequeath property, real or personal, to be sold and the proceeds to be so deposited, in sums not less than $100, that shall be invested in securities that are legal investments under the laws of the Commonwealth for public funds for the benefit of the University, and in such case the interest or dividends accruing on such investments shall be paid to the board and appropriated by the board for general purposes unless some particular appropriation has been designated by the donor or testator. The State Treasurer shall notify the board of any such deposit in the state treasury.\n\n","order_by":null,"text":{"0":{"id":1322881,"text":"Any person may (i) deposit in the state treasury; (ii) bequeath money, stocks, or public bonds of any kind to be so deposited; or (iii) grant, devise, or bequeath property, real or personal, to be sold and the proceeds to be so deposited, in sums not less than $100, that shall be invested in securities that are legal investments under the laws of the Commonwealth for public funds for the benefit of the University, and in such case the interest or dividends accruing on such investments shall be paid to the board and appropriated by the board for general purposes unless some particular appropriation has been designated by the donor or testator. The State Treasurer shall notify the board of any such deposit in the state treasury.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":50818,"edition_id":2,"name":"Donations","identifier":"4","label":"article","depth":4,"order_by":4,"parent_id":50814,"metadata":{"child_laws":5,"child_structures":0},"date_created":"2026-08-02 02:33:39","date_modified":"2026-08-02 12:31:21","permalink":{"id":1413233,"object_type":"structure","relational_id":50818,"identifier":"4","token":"23.1\/IV\/22\/4","url":"\/23.1\/IV\/22\/4\/","edition_id":2,"permalink":0,"preferred":1}},{"id":50814,"edition_id":2,"name":"University of Virginia","identifier":"22","label":"chapter","depth":3,"order_by":10,"parent_id":50799,"metadata":{"child_laws":22,"child_structures":5},"date_created":"2026-08-02 02:33:37","date_modified":"2026-08-02 12:31:21","permalink":{"id":1413169,"object_type":"structure","relational_id":50814,"identifier":"22","token":"23.1\/IV\/22","url":"\/23.1\/IV\/22\/","edition_id":2,"permalink":0,"preferred":1}},{"id":50799,"edition_id":2,"name":"Public Institutions of Higher Education","identifier":"IV","label":"subtitle","depth":2,"order_by":4,"parent_id":50782,"metadata":{"child_laws":211,"child_structures":29},"date_created":"2026-08-02 02:33:29","date_modified":"2026-08-02 12:31:19","permalink":{"id":1412927,"object_type":"structure","relational_id":50799,"identifier":"IV","token":"23.1\/IV","url":"\/23.1\/IV\/","edition_id":2,"permalink":0,"preferred":1}},{"id":50782,"edition_id":2,"name":"Institutions of Higher Education; Other Educational and Cultural Institutions","identifier":"23.1","label":"title","depth":1,"order_by":62,"parent_id":null,"metadata":{"child_laws":594,"child_structures":95},"date_created":"2026-08-02 02:33:18","date_modified":"2026-08-02 12:31:13","permalink":{"id":1411583,"object_type":"structure","relational_id":50782,"identifier":"23.1","token":"23.1","url":"\/23.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":355234,"structure_id":50818,"section_number":"23.1-2214","catch_line":"Gifts, bequests, and devises","url":"\/23.1-2214\/","token":"23.1\/IV\/22\/4\/23.1-2214","metadata":false},{"id":355235,"structure_id":50818,"section_number":"23.1-2215","catch_line":"Donations for special purposes or objects","url":"\/23.1-2215\/","token":"23.1\/IV\/22\/4\/23.1-2215","metadata":false},{"id":355236,"structure_id":50818,"section_number":"23.1-2216","catch_line":"Disposition of donations","url":"\/23.1-2216\/","token":"23.1\/IV\/22\/4\/23.1-2216","metadata":false},{"id":355237,"structure_id":50818,"section_number":"23.1-2217","catch_line":"Reservation of nomination by donor","url":"\/23.1-2217\/","token":"23.1\/IV\/22\/4\/23.1-2217","metadata":false},{"id":355238,"structure_id":50818,"section_number":"23.1-2218","catch_line":"Commonwealth to be trustee of donations; liability of State Treasurer","url":"\/23.1-2218\/","token":"23.1\/IV\/22\/4\/23.1-2218","metadata":false}],"next_section":{"id":355235,"structure_id":50818,"section_number":"23.1-2215","catch_line":"Donations for special purposes or objects","url":"\/23.1-2215\/","token":"23.1\/IV\/22\/4\/23.1-2215","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/23.1-2214\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1956, chapter 184; in 2016, chapter 588<\/a>.<\/p>","references":[{"id":355235,"section_number":"23.1-2215","catch_line":"Donations for special purposes or objects","order_by":null,"url":"\/23.1-2215\/"},{"id":355236,"section_number":"23.1-2216","catch_line":"Disposition of donations","order_by":null,"url":"\/23.1-2216\/"},{"id":355237,"section_number":"23.1-2217","catch_line":"Reservation of nomination by donor","order_by":null,"url":"\/23.1-2217\/"},{"id":355238,"section_number":"23.1-2218","catch_line":"Commonwealth to be trustee of donations; liability of State Treasurer","order_by":null,"url":"\/23.1-2218\/"}],"refers_to":false,"permalink":{"id":1413235,"object_type":"law","relational_id":355234,"identifier":"23.1-2214","token":"23.1\/IV\/22\/4\/23.1-2214","url":"\/23.1-2214\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/23.1-2214\/","token":"23.1\/IV\/22\/4\/23.1-2214","dublin_core":{"Title":"Gifts, bequests, and devises","Type":"Text","Format":"text\/html","Identifier":"\u00a7 23.1-2214","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Any person may (i) deposit in the state treasury; (ii) bequeath money, stocks, or public bonds<\/span> of any kind to be so deposited; or (iii) grant, devise, or bequeath property, real or personal, to be sold and the proceeds to be so deposited, in sums not less than $100, that shall be invested in securities that are legal investments under the laws<\/span> of the Commonwealth for public funds for the benefit of the University, and in such case the interest or dividends accruing on such investments shall be paid to the board and appropriated by the board for general purposes unless some particular appropriation has been designated by the donor or testator. The State Treasurer shall notify the board of any such deposit in the state treasury.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nGIFTS, BEQUESTS, AND DEVISES (\u00a7 23.1-2214)\n\nAny person may (i) deposit in the state treasury; (ii) bequeath money, stocks,\nor public bonds of any kind to be so deposited; or (iii) grant, devise, or\nbequeath property, real or personal, to be sold and the proceeds to be so\ndeposited, in sums not less than $100, that shall be invested in securities that\nare legal investments under the laws of the Commonwealth for public funds for\nthe benefit of the University, and in such case the interest or dividends\naccruing on such investments shall be paid to the board and appropriated by the\nboard for general purposes unless some particular appropriation has been\ndesignated by the donor or testator. The State Treasurer shall notify the board\nof any such deposit in the state treasury.\n\nHISTORY: Code 1919, \u00a7 822, \u00a7 23-81; 1956, c. 184; 2016, c. 588.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}