Virginia § 29.1-104 - Acceptance of gifts, etc

Full text of Virginia Code of Virginia § 29.1-104 — Acceptance of gifts, etc, with citation guidance and answers to common questions.

§ 29.1-104. Acceptance of gifts, etc

In addition to the authority granted the Board by § 29.1-103, the Board may receive gifts, grants, bequests, and devises of property, real or personal, and of money which, if accepted, shall be taken and held for any uses prescribed by the donor, grantor, or testator and in accord with the purposes of this title. The Board shall manage such properties or money in such a way as to maximize their value to the citizens of Virginia.

1973, c. 191, § 29-11.2; 1987, c. 488.

Source: official Virginia text · Last verified 2026-08-27

Frequently Asked Questions About Virginia § 29.1-104

What does Code of Virginia § 29.1-104 cover?

Section 29.1-104 ("Acceptance of gifts, etc") 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 § 29.1-104?

A common citation format is "Code of Virginia § 29.1-104" (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 § 29.1-104 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.