V.I. Code tit. 30, § 203 (2019)
2019 US Virgin Islands Code|Title 30 - Public Service|Chapter 7 - Virgin Islands Public Broadcasting System|Subchapter II - Virgin Islands Public Broadcasting System|§ 203. Powers of the System

 (a) The System is established for the purpose of building and operating, consistent with the rules and regulations of the Federal Communications Commission relating to noncommercial television and radio, public television and radio stations in the Virgin Islands and any other service or facilities incidental or appropriate thereto, and providing for the general welfare by making the educational and cultural benefits of such television and radio available to the general public and the school children of the Islands by the transmission of programs of education, public affairs, cultural interest, and general information. (b) The System is granted and shall have and may exercise all rights and power necessary or desirable for carrying out such purposes, including, but without limiting, the generality of the foregoing, the following: (1) to have perpetual existence as a corporation; (2) to adopt, alter and use a corporate seal which shall be judicially noted; (3) to make, and from time to time modify, and repeal, bylaws, rules and regulations, not inconsistent with this chapter or any other law, providing for the internal organization and management of the System, for the administration of its affairs and operations, and for carrying into effect the powers and purposes of the System; (4) to use and be sued in its corporate name; (5) to make contracts and to execute all instruments necessary or convenient in the exercise of any of its powers; (6) to acquire property, real, personal, or mixed, tangible or intangible, or any interest therein deemed by it to be necessary or desirable for carrying out the purposes of the System by any lawful means; and to own, hold, develop, improve, redevelop, enlarge, extend, repair, maintain, use and operate said property; provided, that any such acquisition of real property shall be with the prior approval of the Legislature, or of the Committee of Finance thereof when the Legislature is not in session; (7) to sell, lease, exchange, transfer, assign, mortgage, pledge, or otherwise dispose of, or encumber, any real or personal property, or any interest or estate in such; provided, that any such disposition of real property, shall be with the prior approval of the Legislature; (8) to apply for and receive and hold in its name all necessary authorizations, licenses and assignments of channels from any Federal agency, the Government of the Virgin Islands or political subdivisions thereof; (9) to apply for and accept appropriations, grants, gifts, transfers or nonmonetary loans from, and enter into contracts, leases, agreements, or other transactions with any person, Federal agency, the Government of the Virgin Islands or political subdivision thereof, and to expend or utilize the proceeds of any such appropriations, grants, gifts, transfers, or loans for any of its corporate purposes, and in accordance with the terms and conditions thereof; provided, that this paragraph shall not be construed as permitting any officer or employee of the System to solicit funds or paid advertising from any local source by implication or direct promise that the donor shall be mentioned in a subsequent broadcast or publication of the system; (10) to prepare and file all reports and other documents required from time to time by any Federal agency; (11) to invest funds in United States obligations or other securities approved for investment for the Government of the Virgin Islands; (12) to exercise complete supervision, responsibility and control over the preparation, content, scheduling and transmission of all programs for the general public; (13) to exercise responsibility for the transmission of programs for in-school reception to supplement primary, secondary and adult educational curricula in public schools of the Virgin Islands; provided, that the Department of Education shall have complete responsibility and control over the content and scheduling of the instructional program service. The System shall devote those daylight hours during which regular public school sessions are being held for the transmission of educational programs for use in schools; (14) to have complete control and supervision of facilities and properties constructed or acquired by it, including the power to determine the character of and necessity for all its expenditures and the manner in which they shall be incurred, allowed and paid, and such determinations shall be final and conclusive for all purposes; (15) to prepare, or cause to be prepared, plans, designs, specifications, and estimates of costs for the acquisition, construction, reconstruction, extension, improvement, enlargement, or repair of any facility, and from time to time to modify such plans, designs, specifications and estimates; (16) to construct or reconstruct any facility, and any additions, improvements and extensions thereto by contract or contracts and/or under, through, or by means of its officers, agents and employees; (17) to do all acts or things necessary or desirable to carry out the powers granted to it by this Act or by any other Act of the Legislature of the Virgin Islands.