Virginia § 23.1-2214 - Gifts, bequests, and devises
Full text of Virginia Code of Virginia § 23.1-2214 — Gifts, bequests, and devises, with citation guidance and answers to common questions.
§ 23.1-2214. Gifts, bequests, and devises
Any person may (i) deposit in the state treasury; (ii) bequeath money, stocks, or public bonds of any kind to be so deposited; or (iii) grant, devise, or bequeath property, real or personal, to be sold and the proceeds to be so deposited, in sums not less than $100, that shall be invested in securities that are legal investments under the laws of the Commonwealth for public funds for the benefit of the University, and in such case the interest or dividends accruing on such investments shall be paid to the board and appropriated by the board for general purposes unless some particular appropriation has been designated by the donor or testator. The State Treasurer shall notify the board of any such deposit in the state treasury.
Code 1919, § 822, § 23-81; 1956, c. 184; 2016, c. 588.
Frequently Asked Questions About Virginia § 23.1-2214
What does Code of Virginia § 23.1-2214 cover?
Section 23.1-2214 ("Gifts, bequests, and devises") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 23.1-2214?
A common citation format is "Code of Virginia § 23.1-2214" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 23.1-2214 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.