53 chapters · 1,244 sections in this title.
Mil. & Vet. Code § 1003.4 Section 1003.4
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The department shall at all times, so long as any of the debentures are outstanding, establish, fix, and collect interest at the rate or rates, which may be fixed interest rates or variable interest rates, on the unpaid balance on all pledged contracts to produce an amount that, …
Mil. & Vet. Code § 1003.6 Section 1003.6
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All interest and other payments or charges of any kind or character due under any and all such contracts shall be payable in such coin or currency of the United States of America as at the time of payment is legal tender for the payment of public and private debts. (Added by Stat…
Mil. & Vet. Code § 1003.7 Section 1003.7
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All revenues to be received by the department from pledged contracts shall be directly, concurrently and exclusively pledged to the payment of debentures, and all such revenues shall remain so pledged until all of the debentures are fully paid or sufficient funds have been accumu…
Mil. & Vet. Code § 1003.8 Section 1003.8
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All debenture redemption and interest payments and any premium payable upon debentures called for redemption, and all payments required for reserve funds, sinking funds and all other funds created as further security for the debentures constitute a first, direct, and exclusive ch…