California Military and Veterans Code 1042 – All accrued interest on money turned over to the administrator and …
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All accrued interest on money turned over to the administrator and retained by him or her under this chapter shall be accounted for by the home and deposited to the credit of the Morale, Welfare, and Recreation Fund and used for the common benefit of members.
(Amended by Stats. 2017, Ch. 28, Sec. 77. (SB 96) Effective June 27, 2017.)
Terms Used In California Military and Veterans Code 1042
- Administrator: means the senior executive appointed to operate a home. See California Military and Veterans Code 1010
- Home: means any facility operated by the department for the provision of long-term care, assisted living, adult day health, independent living, or other health care services to eligible veterans. See California Military and Veterans Code 1010