2012 US Code
Title 50 - War and National Defense
Appendix (§§ 1 - 2420)
SERVICEMEMBERS CIVIL RELIEF ACT (§§ 501 - 597b)
ACT OCT. 17, 1940, CH. 888, 54 STAT. 1178 (§§ 501 - 597b)
Title IV - LIFE INSURANCE (§§ 541 - 549)
Section 544 - Policies entitled to protection and lapse of policies
| Publication Title | United States Code, 2012 Edition, Title 50 - WAR AND NATIONAL DEFENSE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 50 - WAR AND NATIONAL DEFENSE TITLE 50 - APPENDIX-WAR AND NATIONAL DEFENSE SERVICEMEMBERS CIVIL RELIEF ACT ACT OCT. 17, 1940, CH. 888, 54 STAT. 1178 TITLE IV - LIFE INSURANCE Sec. 544 - Policies entitled to protection and lapse of policies |
| Contains | section 544 |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Oct. 17, 1940, ch. 888, title IV, §404, as added Pub. L. 108-189, §1, Dec. 19, 2003, 117 Stat. 2853. |
| Statutes at Large References | 54 Stat. 1178, 1184 56 Stat. 775 105 Stat. 40 117 Stat. 2853 |
| Public Law References | Public Law 102-12, Public Law 108-189 |
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The Secretary of Veterans Affairs shall determine whether a policy is entitled to protection under this title [sections 541 to 549 of this Appendix] and shall notify the insured and the insurer of that determination.
(b) Lapse protectionA policy that the Secretary determines is entitled to protection under this title [sections 541 to 549 of this Appendix] shall not lapse or otherwise terminate or be forfeited for the nonpayment of a premium, or interest or indebtedness on a premium, after the date on which the application for protection is received by the Secretary.
(c) Time applicationThe protection provided by this title [sections 541 to 549 of this Appendix] applies during the insured's period of military service and for a period of two years thereafter.
(Oct. 17, 1940, ch. 888, title IV, §404, as added Pub. L. 108–189, §1, Dec. 19, 2003, 117 Stat. 2853.)
Prior ProvisionsA prior section 544, acts Oct. 17, 1940, ch. 888, art. IV, §404, 54 Stat. 1184; Oct. 6, 1942, ch. 581, §13, 56 Stat. 775; Pub. L. 102–12, §9(15), Mar. 18, 1991, 105 Stat. 40, related to rights and privileges of insured during period of protection, prior to the general amendment of this Act by Pub. L. 108–189. See section 545 of this Appendix.
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