California Law (Last Updated: March 4, 2014) |
Military and Veterans Code - MVC |
Division 2. THE MILITARY FORCES OF THE STATE |
Part 1. THE STATE MILITIA |
Chapter 10. California National Guard Members’ Revenue Bond Act of 1978 |
ARTICLE 2. Authorization and Issuance of Bonds |
Section 481.
Latest version.
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Revenue bonds may be issued by the department at such times and in such amounts as do not exceed seventy-five million dollars ($75,000,000) for home loans, fifteen million dollars ($15,000,000) for farm loans, and ten million dollars ($10,000,000) for mobilehome loans as the department, with the approval of the California National Guard Finance Committee, may determine.
(Amended by Stats. 1981, Ch. 920, Sec. 10.)