PocketLaw | US Virgin Islands Code | University of the Virgin Islands

University of the Virgin Islands Research and Technology Park

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Public corporation

Corporate purposes

Board of Directors

Board of Directors; powers and duties

Executive Director; powers and duties

Taxation of the Corporation

Bonds; authorization of issuance; security; tax exemption; terms and conditions

Bonds: powers of the Corporation with respect to industrial revenue bonds

Bonds: right to receivership upon default

Bonds: remedies of bondholders

Bonds: bonds of the Corporation as legal investments for public or private funds

Property of the Corporation exempt from levy and sale

Agreements of the Virgin Islands

Government of the Virgin Islands and University of the Virgin Islands not liable on bonds or notes

Powers not set forth

Audits

Term of existence

Winding up and dissolution

Contributions to the Government Employees Retirement Fund, the Government Insurance Fund, Health Insurance Fund and Unemployment Insurance Fund; contributions to TIAA/CREF

Research and Technology Park tenants

Tax payments and incentives for Research and Technology Park tenants under § 490A(a)(3) or (4) of this chapter

Licensing

Office of the Lieutenant Governor; Department of Planning and Natural Resources

Action by the Governor