School Board of the City of Virginia Beach
Policy 3-25

BUSINESS AND NONINSTRUCTIONAL OPERATIONS

Trust Funds

Funds or other property held by trustees for purposes of education in the School Division shall be periodically reviewed by the School Board as mandated in the legal reference to this Policy.

Legal Reference

Code of Virginia, § 22.1-111, as amended. Trust funds.

Adopted by School Board: February 16, 1993
Amended by School Board: January 28, 2020