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2000 SESSION

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SB 542 Jamestown-Yorktown Foundation.

Introduced by: Madison E. Marye | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Jamestown-Yorktown Foundation. Authorizes the Jamestown-Yorktown Foundation (i) to determine what artworks, manuscripts, and artifacts may be acquired by purchase, gift, or loan, and to exchange or sell the items if not inconsistent with the terms of the acquisition; and (ii) to change the form of investment of any funds, securities, or other property, real or personal, consistent with the terms of the instrument under which the property was acquired, and to sell or convey any such property, except that any transfers of real property must be made with the consent of the Governor. The language mirrors those powers already granted to the Virginia Museum of Fine Arts.


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