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2025 California Code
Military and Veterans Code - MVC
DIVISION 4 - VETERANS' AID AND WELFARE
CHAPTER 6 - State Benefits for Veterans
ARTICLE 5d - Veterans Affairs Construction Act
Section 996.21.

Universal Citation:
CA Mil & Vet Code § 996.21 (2025)
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996.21. When money from the Veterans’ Farm and Home Building Fund of 1943 or the Veterans Affairs Construction Fund is used for investment purposes in the purchase of property and in the construction of buildings, and appurtenant facilities or in the purchase of property, or in the construction of buildings, and appurtenant facilities for the use of the Department of Veterans Affairs, or for the use of the Department of Veterans Affairs and other state agencies, the Director of Veterans Affairs may do any and all things necessary to protect the investment including purchasing insurance against the loss of or damage to the property or the loss of use and occupancy of the property. Any transaction entered into by the Director of Veterans Affairs under this section shall be subject to the approval of the Department of General Services.

(Amended by Stats. 1965, Ch. 371.)

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