Virginia § 45.2-1915 - Powers and duties of the Board; report
Full text of Virginia Code of Virginia § 45.2-1915 — Powers and duties of the Board; report, with citation guidance and answers to common questions.
§ 45.2-1915. Powers and duties of the Board; report
The Board has the powers and duties to:
1. Advise the Director on the management of the Fund pursuant to the provisions of § 45.2-1916;
2. Develop, establish, and operate, with the approval of the Director, the Program pursuant to the provisions of § 45.2-1917;
3. Advise the Director on the possibility of working with a community development financial institution or other financial institutions to further the purposes of the Program;
4. Advise the Director on the distribution of moneys in the Fund in the form of loans or rebates pursuant to the provisions of § 45.2-1917; and
5. Submit to the Governor and the General Assembly an annual report for publication as a report document as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports. The chairman shall submit to the Governor and the General Assembly an annual executive summary of the interim activity and work of the Board no later than the first day of each regular session of the General Assembly. The executive summary shall be submitted for publication as a report document as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports and shall be posted on the General Assembly's website.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 45.2-1915
What does Code of Virginia § 45.2-1915 cover?
Section 45.2-1915 ("Powers and duties of the Board; report") 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 § 45.2-1915?
A common citation format is "Code of Virginia § 45.2-1915" (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 § 45.2-1915 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.