2.2-2716 - Authority of Foundation.
§ 2.2-2716. Authority of Foundation.
The Foundation has the authority to:
1. Administer the Veterans Services Fund and make expenditures from the Fundto the Department of Veterans Services to provide supplemental funding forthe Department's services and programs;
2. Accept, hold, and administer gifts and bequests of money, securities, orother property, absolutely or in trust, for the purposes for which theFoundation is created;
3. Enter into contracts and execute all instruments necessary and appropriateto carry out the Foundation's purposes;
4. Take such actions as may be reasonably necessary to seek, promote, andstimulate contributions for the Fund;
5. Develop other possible dedicated revenue sources for the Fund; and
6. Perform any lawful acts necessary or appropriate to carry out the purposesof the Foundation.
(2003, cc. 657, 670; 2008, cc. 467, 486, 768, 872.)