CHAPTER 172

An Act to amend the Code of Virginia by adding a new section numbered
28-1.1 requiring all State educational institutions which maintain
intercollegiate athletic programs to file a report of athletic receipts
and disbursements.
[fH 456]

Approved March 3, 1952

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia be amended by adding a new section num-
bered 23-1.1 as follows:

§ 23-1.1. It shall be the duty of the president or chairman of the
board of visitors or trustees of every State institution of higher learning
which maintains an intercollegiate athletic program to cause to be made
out by the proper officer of such institution, and forwarded to the Direc-
tor of the Budget annually by December thirty-first a detailed statement
of all athletic receipts and disbursements of such institution and of any
affiliated committee, group, corporation or association charged with ad-
ministering the athletic program. Such report shall include all receipts
from admission tickets, programs, refreshment concessions, radio, tele-
vision, newsreel or movie rights, and all other receipts related to any
athletic contest or event. The report of disbursements shall include the
name of each person, firm or corporation to whom such disbursement
was made and the amount thereof. The report shall be kept on file by
the Director of the Budget and shall be open to public inspection at all
reasonable times.