Section 23.1-2500 - Corporate name; name of the InstituteA. The board of visitors of Virginia Military Institute (the board) is a corporation under the name and style of "Virginia Military Institute" and has, in addition to its other powers, all the corporate powers given to corporations by the provisions of Title 13.1 except those powers that are confined to corporations created pursuant to Title 13.1. The board shall at all times be under the control of the General Assembly.B. The institution shall be known as Virginia Military Institute (the Institute).C. The Institute shall be grounded in a strict code of honor and high academics, shall uphold a strict military structure, and shall remain solely an undergraduate degree-granting institution of higher education. All cadets shall participate in one of the Reserve Officers' Training Corps (ROTC) programs at all times while attending the Institute.D. The Institute shall continue to demonstrate its commitment to contributing to the elimination of sexual violence in the military and shall develop reasonable policies and procedures to demonstrate such continued commitment.E. There shall be paid out of the public treasury such sums as shall be appropriated by the General Assembly for the support of the school.Code 1919, § 834, § 23-92; 1968, c. 719; 2016, c. 588; 2020, c. 1047.Amended by Acts 2020 c. 1047, § 1, eff. 7/1/2020.Added by Acts 2016 c. 588, § 1, eff. 10/1/2016.