12 CA ADC § 300.6


12 CCR s 300.6

Cal. Admin. Code tit. 12, s 300.6


CALIFORNIA CODE OF REGULATIONS
TITLE 12. MILITARY AND VETERANS AFFAIRS
DIVISION 2. DEPARTMENT OF VETERANS' AFFAIRS
CHAPTER 2. VETERANS' FARM AND HOME PURCHASES
SUBCHAPTER 1. ELIGIBILITY AND QUALIFICATIONS
This database is current through 12/22/06, Register 2006, No. 51.
s 300.6. Active Duty Personnel.


(a) Any person who is presently on active duty and who is in all other
respects a veteran, as defined in Section 980 of the Military and Veterans
Code, is eligible for a Cal-Vet loan benefit. It is not necessary for the
veteran to have been discharged or released from active duty in order to
qualify for a Cal-Vet loan.

(b) The Division shall accept loan applications from eligible active duty
veterans when they can reasonably demonstrate that they or members of
their immediate family, as set forth in Section 987.60 of the Military and
Veterans Code, will be able to occupy the home. Occupancy is a statutory
requirement, and the Division shall advise the applicant concerning the
conditions of the occupancy waiver pursuant to Sections 987.62 and 987.63
of the Military and Veterans Code.


Note: Authority cited: Section 700, Military and Veterans Code.
Reference: Sections 980, 987.52(b), 987.60, 987.62 and 987.63,
Military and Veterans Code.

HISTORY

1. New section filed 12-9-91; operative 1-8-92 (Register 92, No. 9).

12 CCR s 300.6, 12 CA ADC s 300.6
1CAC

12 CA ADC s 300.6

END OF DOCUMENT

 
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