38 U.S.C. § 1951 — Payment of insurance

FEDERAL · 38 U.S.C. · Chapter SUBCHAPTER II—UNITED STATES GOVERNMENT LIFE INSURANCE

Payment of insurance

38 U.S.C. § 1951

ChapterSUBCHAPTER II—UNITED STATES GOVERNMENT LIFE INSURANCE

This text of 38 U.S.C. § 1951 (Payment 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. § 1951.

Text

United States Government life insurance, except as provided in this subchapter, shall be payable in two hundred and forty equal monthly installments. When the amount of an individual monthly payment is less than $5, such amount may in the discretion of the Secretary be allowed to accumulate without interest and be disbursed annually.

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History

(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1161, §751; renumbered §1951 and amended Pub. L. 102–83, §§4(b)(1), (2)(E), 5(a), Aug. 6, 1991, 105 Stat. 404–406.)

Editorial Notes

Editorial Notes

Amendments
1991—Pub. L. 102–83 renumbered section 751 of this title as this section and substituted "Secretary" for "Administrator".

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Bluebook (online)

38 U.S.C. § 1951, Counsel Stack Legal Research, https://law.counselstack.com/usc/38/1951.