Section 16817 Of Chapter 5. State Indebtedness From California Government Code >> Division 4. >> Title 2. >> Part 3. >> Chapter 5.
16817
. The issuance and sale of bonds of the State of California,
not exceeding in the aggregate the sum of four hundred million
dollars ($400,000,000), and the use and disposition of the proceeds
of the sale of said bonds, all as provided in the Veterans Bond Act
of 1960 (Article 5h of Chapter 6 of Division 4 of the Military and
Veterans Code) authorizing the issuance and sale of state bonds in
the sum of four hundred million dollars ($400,000,000) for the
purpose of providing a fund to be used and disbursed to provide farm
and home aid for veterans in accordance with the provisions of the
Veterans Farm and Home Purchase Act of 1943, and all acts amendatory
and supplemental thereto are hereby authorized and directed and said
Veterans Bond Act of 1960 is hereby approved, adopted, legalized,
ratified, validated, and made fully and completely effective upon the
effective date of this amendment to the Constitution. All provisions
of this section shall be self-executing and shall not require any
legislative action in furtherance thereof, but this shall not prevent
such legislative action. Nothing in this Constitution contained
shall be a limitation upon the provisions of this section.