California § 1003.1. 1003.1. (Amended by Stats. 1978, Ch. 1243.)

California Statutes

§ 1003.1. — 1003.1. (Amended by Stats. 1978, Ch. 1243.)

California·Code MVC Military and Veterans Code - MVC·Div. 4. DIVISION 4. VETERANS' AID AND WELFARE·Ch. 7. CHAPTER 7. Veterans’ Revenue Debenture Act of 1970·Art. 4. ARTICLE 4. Appropriation, Security, Sale, and Funds

There is hereby appropriated, from any surplus money in the Veterans’ Farm and Home Building Fund of 1943, not required to meet any immediate demand which has accrued against the fund, without regard to fiscal years, the sum of fifty million dollars ($50,000,000) or so much thereof as may be necessary to carry out the provisions of this article, but in no event shall the sum be less than 10 percent of the total amount of all debentures outstanding hereunder. Such sum appropriated shall be held in investments which are convertible into cash within the period of time required to satisfy the current requirements of the Veterans’ Debenture Revenue Fund.

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There is hereby appropriated, from any surplus money in the Veterans’ Farm and Home Building Fund of 1943, not required to meet any immediate demand which has accrued against the fund, without regard to fiscal years, the sum of fifty million dollars ($50,000,000) or so much thereof as may be necessary to carry out the provisions of this article, but in no event shall the sum be less than 10 percent of the total amount of all debentures outstanding hereunder. Such sum appropriated shall be held in investments which are convertible into cash within the period of time required to satisfy the current requirements of the Veterans’ Debenture Revenue Fund.

California § 1003.1. (1003.1. (Amended by Stats. 1978, Ch. 1243.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.