Statutes > Virginia Statutes > Title 23 - EDUCATIONAL INSTITUTIONS. > Chapter 4.10 - Restructured Higher Education Financial and Administrative Operations Act (23-38.88 thru 23-38.121) > 23-38.121 - Restructured authority subject to management agreement.

23-38.121 - Restructured authority subject to management agreement.

§ 23-38.121. Restructured authority subject to management agreement.

As provided in subsection D of § 23-38.88, no restructured financial oroperational authority set forth in Subchapter 3 (§ 23-38.91 et seq.) of thischapter or any other provision of such chapter shall become effective unlessand until the authority or provision is expressly included in a managementagreement and all other conditions of subdivisions D 1 and D 2 of § 23-38.88have been met.

(2005, cc. 933, 945.)