LIS

1998 Uncodified Acts

1998 Virginia Uncodified Acts
11/24/2024

CHAPTER 244

An Act directing the transfer of a rail car and related artifacts from the Virginia Retirement System to The Science Museum of Virginia.

[S 59]

Approved April 7, 1998

Whereas, following its sale of the capital stock of RF&P Corporation on December 3, 1996, the Virginia Retirement System retained ownership of a rail car and related artifacts; and

Whereas, the Richmond, Fredericksburg & Potomac Railroad played a prominent role in the history of the Commonwealth; and

Whereas, the rail car and artifacts have historical value to the Commonwealth; and

Whereas, the rail car and artifacts are not revenue-producing assets; and

Whereas, the Virginia Retirement System is willing to transfer the rail car and artifacts to The Science Museum of Virginia; and

Whereas, The Science Museum of Virginia, which is housed in a historic railway station associated with the Richmond, Fredericksburg & Potomac Railroad, is willing to accept the transfer of such property; and

Whereas, the transfer of the rail car and related artifacts to The Science Museum of Virginia will provide educational benefits for the citizens of the Commonwealth; now, therefore,

Be it enacted by the General Assembly of Virginia:

1. § 1. That, notwithstanding the provisions of § 2.1-457.2 of the Code of Virginia, the RF&P rail car and related artifacts be, and hereby are, transferred from the Virginia Retirement System to The Science Museum of Virginia. Any expenses associated with the transfer shall be paid in accordance with an agreement between the Virginia Retirement System and The Science Museum of Virginia.