BlackletterCalifornia law

Military and Veterans Code § 996.988

ARTICLE 5k. Veterans Bond Act of 1971

Current as of September 28, 2026Mil. & Vet. Code, § 996.988Official source ↗

Added by Stats. 1971, Ch. 1167. Approved in Proposition 1 at the June 6, 1972, election.

For the purpose of creating a fund to provide farm and home aid for veterans in accordance with the provisions of the Veterans Farm and Home Purchase Act of 1943 and of all acts amendatory thereof and supplemental thereto, the Veterans’ Finance Committee of 1943, created by Section 991, shall be and it hereby is authorized and empowered to create a debt or debts, liability or liabilities, of the State of California, in the aggregate amount of two hundred fifty million dollars ($250,000,000), in the manner provided herein, but not otherwise, nor in excess thereof.