FEDERAL · 38 U.S.C. · Chapter SUBCHAPTER I—NATIONAL SERVICE LIFE INSURANCE

Amount of insurance

38 U.S.C. § 1903
Title38Veterans' Benefits
ChapterSUBCHAPTER I—NATIONAL SERVICE LIFE INSURANCE

This text of 38 U.S.C. § 1903 (Amount of insurance) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
38 U.S.C. § 1903.

Text

Insurance shall be issued in any multiple of $500 and the amount of insurance with respect to any one person shall be not less than $1,000 or more than $10,000. No person may carry a combined amount of National Service Life Insurance and United States Government life insurance in excess of $10,000 at any one time. The limitations of this section shall not apply to the additional paid up insurance the purchase of which is authorized under section 1907 of this title.

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Related

§ 1907
38 U.S.C. § 1907

Source Credit

History

(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, §703; Pub. L. 92–188, §1, Dec. 15, 1971, 85 Stat. 645; renumbered §1903 and amended Pub. L. 102–83, §5(a), (c)(1), Aug. 6, 1991, 105 Stat. 406.)

Editorial Notes

Editorial Notes

Prior Provisions
Prior section 1903 was renumbered section 3903 of this title.
Another prior section 1903, Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1216, related to limitation on amounts paid by United States, prior to the general revision of chapter 39 of this title by Pub. L. 91–666. See section 3902 of this title.

Amendments
1991—Pub. L. 102–83 renumbered section 703 of this title as this section and substituted "1907" for "707".
1971—Pub. L. 92–188 made section limitations inapplicable to the additional paid up insurance purchase of which is authorized under section 707 of this title.

Statutory Notes and Related Subsidiaries

Effective Date of 1971 Amendment
Amendment by Pub. L. 92–188 effective on date established by Administrator but in no event later than first day of first calendar month beginning more than six calendar months after Dec. 15, 1971, see section 4 of Pub. L. 92–188, set out as a note under section 1907 of this title.

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Bluebook (online)
38 U.S.C. § 1903, Counsel Stack Legal Research, https://law.counselstack.com/usc/38/1903.