§ 2.2-2723. Powers and duties of the Board of Trustees and the Center.
A. The Board of Trustees shall have the following powers and duties:
1. Manage, control, maintain, and operate the Center;
2. Take all actions necessary to qualify the Center as exempt from taxationpursuant to § 501(c)(3) of the Internal Revenue Code and operate the Centerin accordance with the provisions governing nonstock corporations as set outin Chapter 10 of Title 13.1, provided that, in the event of the dissolutionof the Center, assets shall be distributed for one or more exempt purposeswithin the meaning of § 501(c)(3) of the Internal Revenue Code, orcorresponding section of any future federal tax code, or shall be distributedto the Commonwealth or a local government for a public purpose;
3. Establish bylaws as may be necessary for the governance and conduct ofbusiness of the Board;
4. Employ and establish the qualifications and duties, and fix salaries andcompensation of staff of the Center from such funds as may be available tothe Center;
5. Seek federal funds available to state rural development councils, pursuantto the Farm Security and Rural Investment Act of 2002, P.L. 107-171;
6. Seek, accept, administer, and expend gifts, grants, donations, bequests,and any other funds on behalf of the Center to support and facilitate itswork;
7. Accept, administer, and expend donations, bequests, or devises of real andpersonal property for the endowment of the Center or for any special purposedesignated by the donor that is consistent with the purposes of the Centerset forth in this article;
8. Have, in addition to its other powers, all the corporate powers given tononstock corporations by the provisions of Title 13.1. The Board shall alsohave the power to accept, execute, and administer any trust in which it mayhave an interest under the terms of the instrument creating the trust;
9. Enter into contracts with respect to the duties and responsibilitiesimposed upon the Center herein;
10. Report annually concerning the status, needs, and accomplishments of theCenter to the Governor and the General Assembly; and
11. Perform any lawful acts necessary or appropriate to carry out thepurposes of this article.
B. The Center shall have the following powers and duties:
1. Develop a broad-based constituency to advocate for the interests of ruralVirginia in the formulation of the Commonwealth's public policies;
2. Coordinate and facilitate research on rural issues and analyze the effectof public policies and private sector interests on rural communities;
3. Prepare a detailed analysis of rural Virginia economies annually forsubmission to the Board, together with feasible and appropriate alternativesdesigned to sustain economic growth in rural areas of the Commonwealth;
4. Facilitate public-private investments in the infrastructure of ruralVirginia;
5. Develop programs designed to train local elected officials and communityleaders for effective leadership in rural communities;
6. Foster innovative strategies that promote the development and prosperityof rural communities in the Commonwealth;
7. Facilitate the development of incentives and provide a forum for competinginterests to allow for job creation and expanded economic opportunities forfarm businesses and rural enterprises while ensuring the rights of localitiesto develop reasonable regulations of such farm businesses and ruralenterprises to protect the health, safety, and welfare of residents;
8. Provide for the collection, organization, storage, and dissemination ofdocuments, data, and other information concerning issues relevant to theneeds and continuous development of Virginia's rural areas, includingtechnical and research assistance to rural localities in the development andimplementation of their strategic plans;
9. Identify potential public and private resources for the Board'sconsideration and review that may be used to generate additional funds tosupport and facilitate the Center's work and foster the development of ruralcommunities;
10. Submit to the Board of Trustees such reports regarding the Center's work,including, but not limited to, programs, activities, policy analyses, andfinancial statements, as may be requested by the Board; and
11. Perform such other acts as may be necessary to accomplish the objectivesof this article.
(2004, cc. 938, 964; 2005, c. 703; 2010, cc. 797, 833.)
§ 2.2-2723. Powers and duties of the Board of Trustees and the Center.
A. The Board of Trustees shall have the following powers and duties:
1. Manage, control, maintain, and operate the Center;
2. Take all actions necessary to qualify the Center as exempt from taxationpursuant to § 501(c)(3) of the Internal Revenue Code and operate the Centerin accordance with the provisions governing nonstock corporations as set outin Chapter 10 of Title 13.1, provided that, in the event of the dissolutionof the Center, assets shall be distributed for one or more exempt purposeswithin the meaning of § 501(c)(3) of the Internal Revenue Code, orcorresponding section of any future federal tax code, or shall be distributedto the Commonwealth or a local government for a public purpose;
3. Establish bylaws as may be necessary for the governance and conduct ofbusiness of the Board;
4. Employ and establish the qualifications and duties, and fix salaries andcompensation of staff of the Center from such funds as may be available tothe Center;
5. Seek federal funds available to state rural development councils, pursuantto the Farm Security and Rural Investment Act of 2002, P.L. 107-171;
6. Seek, accept, administer, and expend gifts, grants, donations, bequests,and any other funds on behalf of the Center to support and facilitate itswork;
7. Accept, administer, and expend donations, bequests, or devises of real andpersonal property for the endowment of the Center or for any special purposedesignated by the donor that is consistent with the purposes of the Centerset forth in this article;
8. Have, in addition to its other powers, all the corporate powers given tononstock corporations by the provisions of Title 13.1. The Board shall alsohave the power to accept, execute, and administer any trust in which it mayhave an interest under the terms of the instrument creating the trust;
9. Enter into contracts with respect to the duties and responsibilitiesimposed upon the Center herein;
10. Report annually concerning the status, needs, and accomplishments of theCenter to the Governor and the General Assembly; and
11. Perform any lawful acts necessary or appropriate to carry out thepurposes of this article.
B. The Center shall have the following powers and duties:
1. Develop a broad-based constituency to advocate for the interests of ruralVirginia in the formulation of the Commonwealth's public policies;
2. Coordinate and facilitate research on rural issues and analyze the effectof public policies and private sector interests on rural communities;
3. Prepare a detailed analysis of rural Virginia economies annually forsubmission to the Board, together with feasible and appropriate alternativesdesigned to sustain economic growth in rural areas of the Commonwealth;
4. Facilitate public-private investments in the infrastructure of ruralVirginia;
5. Develop programs designed to train local elected officials and communityleaders for effective leadership in rural communities;
6. Foster innovative strategies that promote the development and prosperityof rural communities in the Commonwealth;
7. Facilitate the development of incentives and provide a forum for competinginterests to allow for job creation and expanded economic opportunities forfarm businesses and rural enterprises while ensuring the rights of localitiesto develop reasonable regulations of such farm businesses and ruralenterprises to protect the health, safety, and welfare of residents;
8. Provide for the collection, organization, storage, and dissemination ofdocuments, data, and other information concerning issues relevant to theneeds and continuous development of Virginia's rural areas, includingtechnical and research assistance to rural localities in the development andimplementation of their strategic plans;
9. Identify potential public and private resources for the Board'sconsideration and review that may be used to generate additional funds tosupport and facilitate the Center's work and foster the development of ruralcommunities;
10. Submit to the Board of Trustees such reports regarding the Center's work,including, but not limited to, programs, activities, policy analyses, andfinancial statements, as may be requested by the Board; and
11. Perform such other acts as may be necessary to accomplish the objectivesof this article.
(2004, cc. 938, 964; 2005, c. 703; 2010, cc. 797, 833.)
§ 2.2-2723. Powers and duties of the Board of Trustees and the Center.
A. The Board of Trustees shall have the following powers and duties:
1. Manage, control, maintain, and operate the Center;
2. Take all actions necessary to qualify the Center as exempt from taxationpursuant to § 501(c)(3) of the Internal Revenue Code and operate the Centerin accordance with the provisions governing nonstock corporations as set outin Chapter 10 of Title 13.1, provided that, in the event of the dissolutionof the Center, assets shall be distributed for one or more exempt purposeswithin the meaning of § 501(c)(3) of the Internal Revenue Code, orcorresponding section of any future federal tax code, or shall be distributedto the Commonwealth or a local government for a public purpose;
3. Establish bylaws as may be necessary for the governance and conduct ofbusiness of the Board;
4. Employ and establish the qualifications and duties, and fix salaries andcompensation of staff of the Center from such funds as may be available tothe Center;
5. Seek federal funds available to state rural development councils, pursuantto the Farm Security and Rural Investment Act of 2002, P.L. 107-171;
6. Seek, accept, administer, and expend gifts, grants, donations, bequests,and any other funds on behalf of the Center to support and facilitate itswork;
7. Accept, administer, and expend donations, bequests, or devises of real andpersonal property for the endowment of the Center or for any special purposedesignated by the donor that is consistent with the purposes of the Centerset forth in this article;
8. Have, in addition to its other powers, all the corporate powers given tononstock corporations by the provisions of Title 13.1. The Board shall alsohave the power to accept, execute, and administer any trust in which it mayhave an interest under the terms of the instrument creating the trust;
9. Enter into contracts with respect to the duties and responsibilitiesimposed upon the Center herein;
10. Report annually concerning the status, needs, and accomplishments of theCenter to the Governor and the General Assembly; and
11. Perform any lawful acts necessary or appropriate to carry out thepurposes of this article.
B. The Center shall have the following powers and duties:
1. Develop a broad-based constituency to advocate for the interests of ruralVirginia in the formulation of the Commonwealth's public policies;
2. Coordinate and facilitate research on rural issues and analyze the effectof public policies and private sector interests on rural communities;
3. Prepare a detailed analysis of rural Virginia economies annually forsubmission to the Board, together with feasible and appropriate alternativesdesigned to sustain economic growth in rural areas of the Commonwealth;
4. Facilitate public-private investments in the infrastructure of ruralVirginia;
5. Develop programs designed to train local elected officials and communityleaders for effective leadership in rural communities;
6. Foster innovative strategies that promote the development and prosperityof rural communities in the Commonwealth;
7. Facilitate the development of incentives and provide a forum for competinginterests to allow for job creation and expanded economic opportunities forfarm businesses and rural enterprises while ensuring the rights of localitiesto develop reasonable regulations of such farm businesses and ruralenterprises to protect the health, safety, and welfare of residents;
8. Provide for the collection, organization, storage, and dissemination ofdocuments, data, and other information concerning issues relevant to theneeds and continuous development of Virginia's rural areas, includingtechnical and research assistance to rural localities in the development andimplementation of their strategic plans;
9. Identify potential public and private resources for the Board'sconsideration and review that may be used to generate additional funds tosupport and facilitate the Center's work and foster the development of ruralcommunities;
10. Submit to the Board of Trustees such reports regarding the Center's work,including, but not limited to, programs, activities, policy analyses, andfinancial statements, as may be requested by the Board; and
11. Perform such other acts as may be necessary to accomplish the objectivesof this article.
(2004, cc. 938, 964; 2005, c. 703; 2010, cc. 797, 833.)
