Va. Code § 51.5-97

Current with changes from the 2024 legislative session through ch. 845

Section 51.5-97 - Funds set aside from proceeds of business enterprises

The Department shall set aside or cause to be set aside from the net proceeds of the operations authorized by this article such funds as may be necessary for the purpose of (i) maintenance and replacement of equipment, (ii) purchase of new equipment, (iii) management services, (iv) assuring a fair minimum return to vendors and (v) the establishment and maintenance of retirement or pension funds, health insurance contributions and the provision for paid sick leave and vacation time in accordance with the Randolph-Sheppard Act Amendments of 1974 (P.L. 93-516).

Va. Code § 51.5-97

Code 1950, § 63-204.22; 1968, c. 578, § 63.1-163; 1979, c. 96; 2002, c. 747.

Amended by Acts 2002, § c. 747.

Amended by Acts 1979, § c. 96.

Amended by Acts 1968, § c. 578, § 63.1-163.