Sunday, July 6, 2008
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Tracking Virginia’s General Assembly
since 2007.
HB1740: University of Virginia; authorizes Bd. of Visitors to invest & manage nongeneral fund reserves, etc.
Chief Patron
Del.
Bill Fralin (R-17)
Bill Fralin
(R-17)
Roanoke, VA
Served: 2004–
Progress
 |
Introduced |
|
Passed Committee |
|
Passed House |
|
Passed Senate |
|
Signed by Governor |
|
Became Law |
Status
03/19/2007: signed by governor
Summary
Board of Visitors of the University of Virginia. Authorizes the board of visitors of the University of Virginia to invest and manage nongeneral fund reserves and balances as well as local funds of or held by the University. Exempts members of the board of visitors from personal liability for losses suffered by investment of nongeneral fund reserves and balances or local funds of or held by the University. The bill also exempts the investment and management of nongeneral fund reserves and balances and local funds of or held by the University from the Virginia Public Procurement Act. Finally, the bill allows the nongeneral fund reserves and balances and local funds of or held by the University to be invested or reinvested in derivatives, options, and financial securities. View Full Text »
Poll Results
No Richmond Sunlight visitors voted on this bill while voting was open.
Tags
Bill Text
Related Bills
Status: signed by governor
Status: signed by governor
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