§ 67-1406. (Repealed effective October 1, 2021) Audits; external reviews
A. The Auditor of Public Accounts, or his legally authorized representatives, shall annually audit the financial accounts of the Authority. The audit report and any nonproprietary information provided to the auditor in connection with the audit shall be made available to the public, upon request, in accordance with the provisions of the Freedom of Information […]
§ 67-1405. (Repealed effective October 1, 2021) Moneys of Authority
All moneys of the Authority, from whatever source derived, shall be paid to the treasurer of the Authority. Such moneys shall be deposited in the first instance by the treasurer in one or more banks or trust companies, in one or more special accounts. All banks and trust companies are authorized to give such security […]
§ 67-1402. (Repealed effective October 1, 2021) Purposes; powers of Authority
A. The Authority is established for the purposes of making the Commonwealth a national and global leader in nuclear energy and serving as an interdisciplinary study, research, and information resource for the Commonwealth on nuclear energy issues. B. The Authority is granted all powers necessary or convenient for the carrying out of its statutory purposes, […]
§ 67-1403. (Repealed effective October 1, 2021) Board of the Authority
A. The Authority shall be governed by a board of directors consisting of 17 members appointed as follows: 1. The Director of the Department of Mines, Minerals and Energy or his designee; 2. The President and Chief Executive Officer of the Virginia Economic Development Partnership or his designee; 3. The Chancellor of the Virginia Community […]
§ 67-1404. (Repealed effective October 1, 2021) Establishment of the Consortium
A. The Board shall provide for the formation, by January 1, 2014, of a nonstock corporation under Chapter 10 (§ 13.1-801 et seq.) of Title 13.1, not organized for profit, which corporation shall include in its name the words “Virginia Nuclear Energy Consortium,” or some variation thereof that is approved by the Board. B. The […]
§ 67-1401. (Repealed effective October 1, 2021) Virginia Nuclear Energy Consortium Authority established
There is hereby created and constituted a political subdivision of the Commonwealth to be known as the Virginia Nuclear Energy Consortium Authority (the Authority). The Authority’s exercise of powers conferred by this chapter shall be deemed to be the performance of an essential governmental function and matters of public necessity for which public moneys may […]
§ 67-1400. (Repealed effective October 1, 2021) Definitions
As used in this chapter, unless the context requires a different meaning: “Authority” means the Virginia Nuclear Energy Consortium Authority established pursuant to this chapter. “Board” means the board of directors of the Authority. “Consortium” means the nonstock, nonprofit corporation established by the Authority pursuant to § 67-1404. “Member” means a member of the Consortium. […]