The bill amends sections 37-14-04 and 37-14-06 of the North Dakota Century Code, which pertain to the veterans' aid fund. The primary purpose of the veterans' aid fund is to provide loans to veterans and their surviving spouses. The amendments allow qualified applicants to receive multiple loans, with the total amount not exceeding eight thousand dollars, an increase from the previous limit of five thousand dollars.
Additionally, the bill outlines the criteria for loan eligibility, stating that the Department of Veterans' Affairs may provide aid to veterans or surviving spouses who have not remarried, are citizens and residents of North Dakota, and meet specific qualifications set by the department. The maximum loan amount remains capped at eight thousand dollars, and if an applicant receives multiple loans, these amounts will be consolidated into a single payment.
Statutes affected: INTRODUCED: 37-14-04, 37-14-06
Enrollment: 37-14-04, 37-14-06