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California Military and Veterans Code

§ 804

MVC § 804 Effective Jan 1, 2023Div. 4 · Ch. 3

Statute text

View on leginfo.ca.gov
During the period specified in Section 800, the reservist may defer the payment of principal and interest on the specified obligations. No penalties shall be imposed on the nonpayment of principal or interest during this period. No interest shall be charged or accumulated on the principal or interest on which the payment was delayed. No foreclosure or repossession of property shall take place during the period of deferment unless otherwise ordered by a court or agreed to by the parties to the obligation.

Legislative history

Amended by Stats. 2022, Ch. 620, Sec. 10. (SB 1311) Effective January 1, 2023.

Source: California Military and Veterans Code § 804 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.