15.2-5338 - Owning property.

§ 15.2-5338. Owning property.

An authority shall have power to own, hold, clear and improve property and toinsure or provide for the insurance of the property or operations of theauthority against such risks as the authority may deem advisable.

(Code 1950, § 32-252; 1979, c. 719, § 15.1-1573; 1997, c. 587.)