Section 987.61 Of Article 3.1. Veterans’ Farm And Home Purchase Act Of 1974 From California Military And Veterans Code >> Division 4. >> Chapter 6. >> Article 3.1.
987.61
. The department may purchase property, subject to a
participation contract providing for a loan term of not less than 23
years. The purchase price plus the participation contract shall not
exceed the maximum purchase prices available under this article.