§ 35-7-5. Definitions
When used in this chapter, the word or term: “Veterans” includes: Any person who, upon presentation of his U.S. armed services record is eligible for a certificate of eligibility for a home loan guaranty from the U.S. Veterans’ Administration. Unremarried surviving spouses of the above-described eligible persons who died as the result of service or […]
§ 35-7-7. Creation of Veterans’ Home Purchase Board; composition; qualifications, appointment, terms of office and compensation of members; general powers and duties of board; officers and employees
The administration of the provisions hereof is vested in a Veterans’ Home Purchase Board consisting of six (6) members who shall be appointed, or reappointed, by the Governor, with the advice and consent of the Senate. Members appointed to the board shall be veterans of either World War II, the Korean Conflict, the Southeast Asia […]
§ 35-7-9. Limitation on costs of administration of chapter
The cost of administering this chapter shall not exceed in any one (1) fiscal year two percent (2%) of mortgage loans in force. Administrative expenses shall include all costs for: personnel, travel, subsistence, contractual services, commodities and equipment utilized in operating the offices and facilities of the board and shall not include expenditures reimbursed to […]
§ 35-7-11. Offices of board; staff and related expenses; assistance from county veterans service officers and others
The board is hereby authorized to establish offices and employ an adequate staff to serve the citizens of Mississippi as it deems necessary; and the expenses of such offices shall be included within the administrative cost limitation prescribed in Section 35-7-9. The board may utilize the services of county veterans service officers and other such […]