Section 1003.1 Of Article 4. Appropriation, Security, Sale, And Funds From California Military And Veterans Code >> Division 4. >> Chapter 7. >> Article 4.
1003.1
. There is hereby appropriated, from any surplus money in the
Veterans' Farm and Home Building Fund of 1943, not required to meet
any immediate demand which has accrued against the fund, without
regard to fiscal years, the sum of fifty million dollars
($50,000,000) or so much thereof as may be necessary to carry out the
provisions of this article, but in no event shall the sum be less
than 10 percent of the total amount of all debentures outstanding
hereunder. Such sum appropriated shall be held in investments which
are convertible into cash within the period of time required to
satisfy the current requirements of the Veterans' Debenture Revenue
Fund.