91¶ÌÊÓƵ

Board of Visitors Governance is predicated on specific sections of the Code of Virginia which serve as the Board Constitution upon which the Board of Visitors Bylaws are based. Applicable sections of the Code of Virginia are attached for reference. The Board shall delegate sufficient authority to the 91¶ÌÊÓƵ President for the operation of the 91¶ÌÊÓƵ, however, the Board's total authority, responsibilities, duties, and legal obligations set forth in the Code of Virginia cannot be delegated. Accordingly, service on the Board involves significant responsibility and commitment on the part of its members.

The Board of Visitors Policies and Procedures are derived from the Board Constitution, Bylaws, and relevant Commonwealth regulations. The Board Policies and Procedures shall be based on good practices such as may be identified by the Final Report of the Governor's Blue Ribbon Commission on Higher Education, the Association of Governing Boards of Universities and Colleges, the American Council of Trustees and Alumni, and the National Association of Governing Boards.

In accordance with Section 9.05 of the Board's Bylaws, board policies and procedures shall be reviewed on at least a five-year cycle, as established by the Board's Governance Committee, or as necessary due to changes in the laws or regulations, or to reflect current practice. The Governance Committee shall designate, as appropriate, the 91¶ÌÊÓƵ administrator responsible for reviewing specific policies. The results of such review shall be shared with the full Board, and the date the policy was reviewed shall be noted on each policy, even if no revisions are recommended. 91¶ÌÊÓƵ Counsel shall review all proposed new policies or revisions to existing policies and report to the Governance Committee prior to approval.