Sec. 35.05.01.04. Use of Fund  


Latest version.
  • Unless the terms of a gift or grant require otherwise, and subject to the approval of the Secretary, money in the Fund may:

    A. Be used to provide grants or loans to:

    (1) Veterans and their families;

    (2) Public and private programs that support veterans and their families; or

    (3) Any other programs that the Secretary considers appropriate; or

    B. Be invested, including all or part of the principal and income, in:

    (1) General obligations of the State; or

    (2) Any other security.