37-14-03.3. Revolving fund.

The moneys in the permanent revolving fund of the veterans' aid fund are available for:

1. Making loans to any veteran and to a surviving spouse of a veteran;

2. Collecting loans if in the opinion of the department a person has the financial means to repay and that person deliberately refuses to repay; and

3. Paying administrative expenses related to the making and collection of loans made from the fund.