California Code of Regulations
Title 12 - Military and Veterans Affairs
Division 2 - Department of Veterans Affairs
Chapter 2 - Veterans' Farm and Home Purchases
Subchapter 4 - Insurance
Section 360 - Fire and Hazard Insurance
Universal Citation: 12 CA Code of Regs 360
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
All properties purchased by the Department must be insured against fire and other hazards for the full replacement cost of the improvements or structures thereon. The insurance must be in such minimum amount and placed with such company or companies as the Department may determine from time to time, except that condominium units may be insured under a master insurance policy covering the entire project and veterans must make their own arrangements, subject to the approval of the Department, for insurance on mobile homes.
Note: Authority cited: Section 700, Military and Veterans Code. Reference: Section 987.74, Military and Veterans Code.
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