California § 1003.12. 1003.12. (Added by Stats. 1970, Ch. 1488.)

California Statutes

§ 1003.12. — 1003.12. (Added by Stats. 1970, Ch. 1488.)

California § 1003.12.

JurisdictionCalifornia

Code MVCMilitary 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

This text of California § 1003.12. (1003.12. (Added by Stats. 1970, Ch. 1488.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Military and Veterans Code - MVC Code § 1003.12. (2026).

Text

The State Controller is hereby authorized to make all necessary orders to provide for the establishment of special funds and accounts authorized by any resolution of issuance and for the transfer of moneys from the Veterans’ Debenture Revenue Fund into such account. Such transfer shall be made by the State Treasurer without further action on the part of the department. Neither the department nor the State of California nor any officer thereof shall have or exercise any rights with respect to the moneys in any of such funds or accounts so established save only in trust for the direct benefit of the holders of debentures.

Free access — add to your briefcase to read the full text and ask questions with AI

The State Controller is hereby authorized to make all necessary orders to provide for the establishment of special funds and accounts authorized by any resolution of issuance and for the transfer of moneys from the Veterans’ Debenture Revenue Fund into such account. Such transfer shall be made by the State Treasurer without further action on the part of the department. Neither the department nor the State of California nor any officer thereof shall have or exercise any rights with respect to the moneys in any of such funds or accounts so established save only in trust for the direct benefit of the holders of debentures.