Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 10.1-1024: Gifts and bequests to Foundation

Where this section sits in the code

Title 10.1. CONSERVATION
Subtitle I. ACTIVITIES ADMINISTERED BY THE DEPARTMENT OF CONSERVATION AND RECREATION
Chapter 10.2. VIRGINIA LAND CONSERVATION FOUNDATION

Gifts, devises and bequests of money, securities and other assets accepted by the Foundation, whether personal or real property, shall be deemed to be gifts to the Commonwealth, which shall be exempt from all state and local taxes and shall be regarded as property of the Commonwealth for the purposes of all tax laws.1992, c. 426; 2000, c. 1053.

Collected 2026-09-04T15:13:59Z. Source file · JSON

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