eligibility for loans to refinance existing liability

eligibility for loans to refinance existing liability Sec. 305. Section 507 (1) of the Servicemen’s Readjustment Act of 1944, as amended, is amended by inserting before the semicolon at the end thereof the following: “or, in the case of a veteran eligible by virtue of active service on or after June 27, 1950, not later than ten years after such date as shall be determined by Presidential proclamation or concurrent resolution of the Congress”.