Section 1049.

Latest version.

Moneys in the Morale, Welfare, and Recreation Fund maintained under subdivision (a) of Section 1047 may be used to establish or operate a Veterans' Home Exchange that may conduct any lawful endeavor which, in the judgment of the administrator, will benefit the veterans, except as prohibited under subdivision (b) of Section 1047. The administrator may establish the Veterans' Home Exchange to operate at a profit.

(Amended by Stats. 1999, Ch. 902, second Sec. 3 [Sec. 5]. Effective January 1, 2000.)

                    
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