California Military and Veterans Code

§ 409.13

MVC § 409.13 Effective Jan 1, 2025Div. 2 · Part 1 · Ch. 7.5

Statute text

(a)To the extent permitted by federal law and the California Constitution, any principal and interest on any financial obligation or liability bearing interest and incurred by a member of the California National Guard or their surviving spouse, or surviving domestic partner, or any principal and interest on any financial obligation or liability bearing interest incurred by a member of the California National Guard for which the beneficiary of that member is liable, shall be deferred for a period of six months after the death of the member without penalty or accrual of any additional interest.

(b)For purposes of this section, the following terms have the following meanings:

(1)“Interest” includes service charges, renewal charges, fees, or any other charges with respect to any obligation or liability.

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Legislative history

Amended by Stats. 2024, Ch. 129, Sec. 50. (SB 1097) Effective January 1, 2025.