[Code of Federal Regulations]
[Title 38, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 38CFR11.96]

[Page 544]
 
            TITLE 38--PENSIONS, BONUSES, AND VETERANS' RELIEF
 
                CHAPTER I--DEPARTMENT OF VETERANS AFFAIRS
 
PART 11_LOANS BY BANKS ON AND PAYMENT OF ADJUSTED SERVICE 
 
Sec. 11.96  By whom loans may be made.

    Loans will be made by the Department of Veterans Affairs, 
Washington, DC, to any veteran, upon his promissory note secured by his 
adjusted service certificate, in any amount in even dollars not less 
than $10 and not in excess of the loan value of the certificate at the 
date the loan is made. Each certificate contains on its face a table for 
determining the loan value of the certificate but at no time is the loan 
value less than fifty per centum of the face value.