Statutes, codes, and regulations
Code of Virginia
Title 10.1 - CONSERVATIONSubtitle I - ACTIVITIES ADMINISTERED BY THE DEPARTMENT OF CONSERVATION AND RECREATION
Chapter 10.2 - VIRGINIA LAND CONSERVATION FOUNDATION
Section 10.1-1024 - Gifts and bequests to Foundation

Va. Code § 10.1-1024

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Current with changes from the 2024 legislative session through ch. 845
Section 10.1-1024 - Gifts and bequests to Foundation

Gifts, devises and bequests of money, securities and other assets accepted by the Foundation, whether personal or real property, shall be deemed to be gifts to the Commonwealth, which shall be exempt from all state and local taxes and shall be regarded as property of the Commonwealth for the purposes of all tax laws.

Va. Code § 10.1-1024

1992, c. 426; 2000, c. 1053.
Amended by Acts 2000, § c. 1053.
Amended by Acts 1992, § c. 426.