CHAPTER 309
An Act to authorize the State Board of Education, with the consent of
the Governor, to lease certain property of Virginia State College, to
provide for the disposition of funds received, and to prescribe other
conditions relating to the leasing of such property. [8 248]
Approved March 10, 1956
Be it enacted by the General Assembly of Virginia:
1. § 1. The State Board of Education is authorized to lease all or any
portion of the real property which is held and used for investment pur-
poses by Virginia State College and is not used for the operation of
Virginia State College or a division of that College.
§ 2. The lease shall be executed by the State Board of Education
to such lessees and upon such terms as may be approved by the State
Board of Education.
§ 8. No lease shall be made unless the Governor consents thereto in
writing. The form of any such contract of lease shall be approved by
the Attorney General.
§ 4. The proceeds derived from any such lease shall be used as other
revenues of such College and are hereby appropriated for such purpose.