California Military and Veterans Code 998.055 – For the purpose of creating a fund to provide farm and home aid for …
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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 1974 and of all acts amendatory thereof and supplemental thereto, the Veterans’ Finance Committee of 1943, created by Section 991, shall be and hereby is authorized and empowered to create a debt or debts, liability or liabilities, of the State of California, in the aggregate amount of four hundred fifty million dollars ($450,000,000) in the manner provided herein, but not otherwise, nor in excess thereof.
(Added by Stats. 1982, Ch. 304, Sec. 1. Approved in Proposition 3 at the November 2, 1982, election.)
Terms Used In California Military and Veterans Code 998.055
- Committee: means the Veterans' Finance Committee of 1943, created by Section 991. See California Military and Veterans Code 998.054
- Fund: means the Veterans' Farm and Home Building Fund of 1943, created by Section 988. See California Military and Veterans Code 998.054
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.