An authority shall have power to purchase, lease, obtain options upon, acquire by gift, grant, bequest, devise, or otherwise any property real or personal or any interest therein from any person, locality or government.\nAn authority shall have power to sell, exchange, transfer, or assign any of its property real or personal or any interest therein to any person, locality or government.\nCode 1950, §§ 32-250, 32-251; 1979, c. 719, §§ 15.1-1571, 15.1-1572; 1997, c. 587.
Virginia Legal Code