In addition to the debentures authorized by Sections 1001.1 and 1001.7, the department may issue additional debentures, not to exceed five hundred million dollars ($500,000,000) in the aggregate, at the times and in the amounts that the department, with the approval of the Veterans’ Debenture Finance Committee, may determine. The issuance of these debentures shall be authorized by a resolution of issuance adopted as provided in this chapter.
Cal. Mil. & Vet. Code § 1001.8
Authorization and Issuance of Debentures
Known as the Veterans’ Revenue Debenture Act
The act spans §§ 1000–1006 (79 sections).
Added by Stats. 1986, Ch. 414, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.