California § 987.86. 987.86. (Amended by Stats. 1997, Ch. 156, Sec. 4.)

California Statutes

§ 987.86. — 987.86. (Amended by Stats. 1997, Ch. 156, Sec. 4.)

California·Code MVC Military 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

(a)Any veteran for whom a farm or home is purchased under this article may be granted a subsequent opportunity to purchase another farm or home when the farm or home purchased under this article is sold, refinanced, or the veteran’s interest is divested through divorce or dissolution of marriage. The maximum amount that the department may advance under this subdivision is limited to the maximum amounts set forth in Section 987.65 at the time the application is made for the subsequent loan.

(b)Only one farm or home purchased under this article shall be owned by a veteran or a veteran and the veteran’s spouse at any one time. This subdivision does not apply to an interest of a former spouse.

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(a)
Any veteran for whom a farm or home is purchased under this article may be granted a subsequent opportunity to purchase another farm or home when the farm or home purchased under this article is sold, refinanced, or the veteran’s interest is divested through divorce or dissolution of marriage. The maximum amount that the department may advance under this subdivision is limited to the maximum amounts set forth in Section 987.65 at the time the application is made for the subsequent loan.
(b)
Only one farm or home purchased under this article shall be owned by a veteran or a veteran and the veteran’s spouse at any one time. This subdivision does not apply to an interest of a former spouse.

California § 987.86. (987.86. (Amended by Stats. 1997, Ch. 156, Sec. 4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.