Statute · California Military and Veterans Code

Cal. Mil. & Vet. Code § 998.556 — The Veterans Housing and Homeless Prevention Bond Act of 2014

Cal. Mil. & Vet. Code § 998.556

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

Notwithstanding any other provision of this article, or of the State General Obligation Bond Law, the Treasurer may maintain separate accounts for the investment of bond proceeds and for the investment of earnings on those proceeds. The Treasurer may use or direct the use of those proceeds or…

Citator

Cal. Mil. & Vet. Code § 998.556 — The Veterans Housing and Homeless Prevention Bond Act of 2014 is in force in the current edition of the Code, and nothing recorded condemns it.

Notwithstanding any other provision of this article, or of the State General Obligation Bond Law, the Treasurer may maintain separate accounts for the investment of bond proceeds and for the investment of earnings on those proceeds. The Treasurer may use or direct the use of those proceeds or earnings to pay any rebate, penalty, or other payment required under federal law or take any other action with respect to the investment and use of those bond proceeds required or desirable under federal tax law or to obtain any other advantage under federal law on behalf of the funds of this state.