Mississippi Administrative Code
Title 25 - Military and Veterans - Veterans' Home Purchase Board
Part 202 - Loan Policies
Chapter 11 - Divestment of Property
Rule 25-202-11.1 - Policy
Universal Citation: MS Code of Rules 25-202-11.1
Current through September 24, 2024
It is the policy of the VHPB to comply with the Mississippi State Statute, Section 35-7 of the Mississippi Code. Section 35-7-17(4) states that the "Board shall not consider applications for purchase that would provide the veteran with a second home, or provide funds to be used either directly or indirectly for investment purposes. The Veteran must divest himself of any personal residence before being eligible to close the board purchase on the new property."
Miss. Code Ann. § 35-7-7
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