Statute · California Military and Veterans Code

Cal. Mil. & Vet. Code § 998.209 — Veterans’ Bond Act of 1996

Cal. Mil. & Vet. Code § 998.209

Type
Statute
Source
California Military and Veterans Code
Jurisdiction
California
Date
2025-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) So long as bonds authorized under this article are outstanding, the Secretary of Veterans Affairs shall, at the close of each fiscal year, require a survey of the financial condition of the Division of Farm and Home Purchases, together with a projection of the division’s operations, to be…

Citator

Cal. Mil. & Vet. Code § 998.209 — Veterans’ Bond Act of 1996 is in force in the current edition of the Code, and nothing recorded condemns it.

(a) So long as bonds authorized under this article are outstanding, the Secretary of Veterans Affairs shall, at the close of each fiscal year, require a survey of the financial condition of the Division of Farm and Home Purchases, together with a projection of the division’s operations, to be made by an independent public accountant of recognized standing. The results of each survey and projection shall be reported in writing by the public accountant to the Secretary of Veterans Affairs, the California Veterans Board, and the committee.

(b) The Division of Farm and Home Purchases shall reimburse the public accountant for these services out of money that the division may have available on deposit with the Treasurer.