(a) Subject to subsection (b), no real or personal property of the Government of the Virgin Islands or any subdivision thereof as defined by Title 1, section 253, subsection (b), VIC, and specifically including the Virgin Islands Water and Power Authority, Virgin Islands Port Authority, Virgin Islands Housing Authority, and the Virgin Islands Waste Management Authority, shall be named for any person except upon approval of the Legislature by Act.
(b) For the sole purpose of fundraising, and in exchange for or recognition of significant financial bequests or endowments, the University of the Virgin Islands, the Juan F. Luis Hospital and Medical Center and the Schneider Regional Medical Center may name their respective real and personal property without legislative approval under the conditions that:(1) The naming of the property must be in accordance with established policies that ensure the property is not named after persons whose views or actions would be offensive, supportive of racial, gender or other discrimination, or inimical to the interests of the people of the Virgin Islands; and (2) Any real or personal property that has been named by an act of the Legislature may not be renamed except by an act of the Legislature.
(1) The naming of the property must be in accordance with established policies that ensure the property is not named after persons whose views or actions would be offensive, supportive of racial, gender or other discrimination, or inimical to the interests of the people of the Virgin Islands; and
(2) Any real or personal property that has been named by an act of the Legislature may not be renamed except by an act of the Legislature.
(c) This section may not be construed to limit the authority of the Legislature to name any real or personal property of the Government.