Board of Visitors minutes October 7, 1988 | ||
Section 7. All covenants, stipulations, obligations and agreements of the University contained in the Note and this resolution shall be deemed to be covenants, stipulations, obligations and agreements of the University with the holder of the Note to the full extent permitted by the Constitution and laws of the Commonwealth of Virginia. No covenant, stipulation, obligation or agreement contained in the Note or this resolution shall be deemed to be a covenant, stipulation, obligation or agreement of any present or future Visitor, officer, employee or agent of the University in his individual capacity. Neither any member of the Board nor any officer of the University shall be subject to any personal liability or accountability by reason of the issuance of the Note.
Board of Visitors minutes October 7, 1988 | ||