California § 987.72. 987.72. (Added by Stats. 1974, Ch. 1477.)

California Statutes

§ 987.72. — 987.72. (Added by Stats. 1974, Ch. 1477.)

California § 987.72.

JurisdictionCalifornia

Code MVCMilitary and Veterans Code - MVC

Div. 4.DIVISION 4. VETERANS' AID AND WELFARE

Ch. 6.CHAPTER 6. State Benefits for Veterans

Art. 3.1.ARTICLE 3.1. Veterans’ Farm and Home Purchase Act of 1974

This text of California § 987.72. (987.72. (Added by Stats. 1974, Ch. 1477.)) 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.

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Cal. Military and Veterans Code - MVC Code § 987.72. (2026).

Text

The provisions of Section 987.71, relative to the rate of interest to be charged to veteran purchasers do not apply to assignees of such purchasers who are not veterans, but as to such assignees the rate of interest shall be as fixed by the department, compounded at periods fixed by the department.
The action of the department in refusing to permit any assignments except as provided in this section is hereby ratified and confirmed, it having at all times been the intent of the Legislature that Section 987.71 apply to veteran purchasers only.

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The provisions of Section 987.71, relative to the rate of interest to be charged to veteran purchasers do not apply to assignees of such purchasers who are not veterans, but as to such assignees the rate of interest shall be as fixed by the department, compounded at periods fixed by the department.
The action of the department in refusing to permit any assignments except as provided in this section is hereby ratified and confirmed, it having at all times been the intent of the Legislature that Section 987.71 apply to veteran purchasers only.