Chap. 333.—An ACT to amend and re-enact Section 994 of the Code of Virginia,
relating to donations to educational institutions in the State. [S B 347]
Approved March 27, 1936
1. Be it enacted by the General Assembly of Virginia, That section
nine hundred and ninety-four of the Code of Virginia be amended
and re-enacted so as to read as follows:
Section 994. Whenever any person shall deposit in the treasury
of the State, or bequeath money to be so deposited, or devise or
bequeath property to be sold and the proceeds to be so deposited,
for the benefit of any of the educational institutions in the State, to
such an amount that the interest thereof will be sufficient to educate
and maintain thereat one or more cadets or students, the said fund
shall be invested in State bonds, in the name and for the benefit of said
institution.