Statutes, codes, and regulations
Code of Federal Regulations
Title 38 - PENSIONS, BONUSES, AND VETERANS' RELIEFChapter I - DEPARTMENT OF VETERANS AFFAIRSPart 11 - LOANS BY BANKS ON AND PAYMENT OF ADJUSTED SERVICE CERTIFICATES
DEPARTMENT OF VETERANS AFFAIRS LOANS ON ADJUSTED SERVICE CERTIFICATES UNDER SECTION 502 OF THE WORLD WAR ADJUSTED COMPENSATION ACT, AS AMENDED
Section 11.96 - By whom loans may be made

38 C.F.R. § 11.96

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Current through September 30, 2024
Section 11.96 - By whom loans may be made

Loans will be made by the Department of Veterans Affairs, Washington, DC, to any veteran, upon his promissory note secured by his adjusted service certificate, in any amount in even dollars not less than $10 and not in excess of the loan value of the certificate at the date the loan is made. Each certificate contains on its face a table for determining the loan value of the certificate but at no time is the loan value less than fifty per centum of the face value.

38 C.F.R. § 11.96