§ 996.977. — 996.977. (Added by Stats. 1967, Ch. 1572.)

California § 996.977.

• Jurisdiction: 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. 5j.: ARTICLE 5j. Veterans Bond Act of 1968

Text

For the purposes of carrying out the provisions of this article the Director of Finance may by executive order authorize the withdrawal from the General Fund of an amount or amounts not to exceed the amount of the unsold bonds which have been authorized to be sold for the purpose of carrying out this article. Any amounts withdrawn shall be deposited in the Veterans’ Farm and Home Building Fund of 1943. Any moneys made available under this article to the board shall be returned by the board to the General Fund from moneys received from the
sale of bonds sold for the purpose of carrying out this article, together with interest at the rate of interest fixed in the bonds so sold.

Legislative History

Added by Stats. 1967, Ch. 1572. Approved in Proposition 1 at the June 4, 1968, election.