Debentures may be issued by the department at such times and in such amounts not to exceed five hundred million dollars ($500,000,000) in the aggregate as the department, with the approval of the Veterans’ Debenture Finance Committee, may determine. The issuance of debentures shall be authorized by a resolution of issuance adopted as in this chapter provided.
Cal. Mil. & Vet. Code § 1001.1
Authorization and Issuance of Debentures
Known as the Veterans’ Revenue Debenture Act
The act spans §§ 1000–1006 (79 sections).
Amended by Stats. 1978, Ch. 1243.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.