10 U.S.C. § 12532 — Termination for nonpayment of premiums; forfeiture

FEDERAL · 10 U.S.C. · Chapter 1214

Termination for nonpayment of premiums; forfeiture

Current through Pub. L. 119-102

Title 10 — Armed Forces·Ch. 1214 — READY RESERVE MOBILIZATION INCOME INSURANCE

(a)Termination for Nonpayment.—The coverage of a member under the insurance program shall terminate without prior notice upon a failure of the member to make required monthly payments of premiums for two consecutive months. The Secretary may provide in the regulations for reinstatement of insurance coverage terminated under this subsection.

(b)Forfeiture.—Any person convicted of mutiny, treason, spying, or desertion, or who refuses to perform service in the armed forces or refuses to wear the uniform of any of the armed forces shall forfeit all rights to insurance under this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Termination for Nonpayment.—The coverage of a member under the insurance program shall terminate without prior notice upon a failure of the member to make required monthly payments of premiums for two consecutive months. The Secretary may provide in the regulations for reinstatement of insurance coverage terminated under this subsection.
(b) Forfeiture.—Any person convicted of mutiny, treason, spying, or desertion, or who refuses to perform service in the armed forces or refuses to wear the uniform of any of the armed forces shall forfeit all rights to insurance under this chapter.

10 U.S.C. § 12532 (Termination for nonpayment of premiums; forfeiture) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Added Pub. L. 104–106, div. A, title V, §512(a)(1), Feb. 10, 1996, 110 Stat. 305.)