There is hereby established in the Island of St. Thomas, Virgin Islands, as an instrumentality of the Government of the United States Virgin Islands an institution to be known as “The University of the Virgin Islands” the cardinal objectives of which shall be the stimulation and utilization of the intellectual resources of the people of […]
The location of the University and its principal place of business shall be in the island of St. Thomas but it may have such other offices and places of business in such other locations as the Board of Trustees may decide from time to time.
(a) For the purposes of exercising general management and control of the affairs of the University, the Board of Trustees, upon their appointment or qualification as hereinafter provided in section 455 of this title, and their successors, shall be and are hereby constituted a body politic and corporate in the name and style “The University […]
In furtherance of its objectives, the University shall have the following purposes, objects and powers: (a) to have perpetual succession; to sue and to be sued; to enter into contracts; to contract debts; to adopt and use a common seal and to alter the same at will; (b) to provide instruction, conduct research and disseminate […]
The Board of Trustees shall consist of seventeen members, as follows: (1) The Chairman of the Board of Education of the Virgin Islands, the Commissioner of Education and the President of the University shall be members ex officio. (2) The Governor shall appoint, by and with the advice and consent of the Legislature, nine other […]
(a) The Board in addition to exercising general management and control of the affairs of the University, shall also have the following specific functions: (1) The determination of courses of study to be pursued. (2) The granting of academic degrees and honors. (3) The granting of sabbatical and other kinds of leave. (4) The establishment […]
(a) The President of the University shall serve as its chief executive officer and shall have the power to appoint and remove all professors, lecturers, instructors and all other professional and nonprofessional personnel in accordance with rules and regulations promulgated by the Board of Trustees; provided, that any person dismissed or suspended by the President […]
The academic freedom of the teacher and the full enjoyment of his political and civil rights is hereby guaranteed to all members of the teaching, technical and administrative personnel of the University of the Virgin Islands.
(a) All property of the University, including funds, shall be exempt from judicial process of every kind, including, without limitation, attachment, levy, execution and sale by virtue of an execution, and no judgment shall be a lien or charge upon its property or funds; provided, that the provisions of this subsection shall not apply to […]
(a) The University of the Virgin Islands shall have the power to issue bonds from time to time in its discretion, for any of its corporate purposes or projects including, without limiting the generality of the foregoing, the undertaking of projects aided by the Community Facilities Administration of the Housing and Home Finance Agency or […]
(a) Bonds of the University shall be authorized by resolutions of its Board of Trustees; may be issued in one or more series and shall be offered, awarded and executed in such manner, bear such date or dates, mature at such time or times, bear interest at such rate or rates not exceeding ten per […]
In connection with the issuance of bonds or the incurring of obligations, and in order to secure payment of such bonds or obligations, the University, in addition to its other powers, may— (1) pledge all or any part of its gross or net rents, fees or revenues, to which its right then exists or may […]
An obligee of the University, in addition to all other rights which may be conferred on such obligee, subject only to any contractual restrictions binding upon him, may by a civil action— (1) compel the University and the Trustees, officers, agents or employees thereof to perform each and every term, provision and covenant contained in […]
The University by its resolution, or by declaration of trust, trust indenture, mortgage, lease, or other contract may confer upon any obligee holding or representing a specified amount in bonds, the right (in addition to all rights that may otherwise be conferred), upon the happening of an event of default as defined in such resolution […]
Notwithstanding any restrictions on investments contained in any laws of the Virgin Islands, any political subdivision thereof, all public officers and other public bodies, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies and other persons carrying on a banking or investment business, and all […]
In any contract with the Federal Government for financial assistance to the University, the University may obligate itself (which obligation shall be specifically enforceable and shall not constitute a mortgage, notwithstanding any other laws) to convey the project or part thereof in the event of a substantial default (as defined in such contract) with respect […]
(a) For the purpose of aiding and cooperating in the planning, undertaking, carrying out, developing, constructing and operating of projects, and of enabling the University to qualify for participation in Federal programs in its authorized fields of activity, the Government of the Virgin Islands, any political subdivision thereof, or any public agency or public body […]
Subject to the provisions of section 8(b) of the Revised Organic Act of the Virgin Islands, approved July 22, 1954, the Government of the United States Virgin Islands may levy taxes, appropriate funds, incur indebtedness and issue bonds for the purposes of procuring funds to be loaned, appropriated, contributed, or granted, to the University for […]
During his tenure and for one year thereafter, no trustee, officer or employee of the University shall voluntarily acquire any personal interest, direct or indirect, in any project or in any property included or planned to be included in any project, or in any contract or proposed contract relating to any project. If any such […]
(a) The Legislature hereby finds and declares that in order to enhance the reputation for academic excellence and intellectual vitality of the University of the Virgin Islands, such institution must be able to attract distinguished and renowned scholars. In implementation of this purpose and to afford lasting tribute to the extraordinary dedication and devotion of […]
