2017 US Code
Title 38 - Veterans' Benefits
Part II - General Benefits
Chapter 19 - Insurance
Subchapter II - United States Government Life Insurance
Sec. 1951 - Payment of insurance

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Citation 38 U.S.C. § 1951 (2017)
Section Name §1951. Payment of insurance
Section 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.

Source Credit

(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 AMENDMENTS

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

Publication Title United States Code, 2012 Edition, Supplement 5, Title 38 - VETERANS' BENEFITS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 38 - VETERANS' BENEFITS
PART II - GENERAL BENEFITS
CHAPTER 19 - INSURANCE
SUBCHAPTER II - UNITED STATES GOVERNMENT LIFE INSURANCE
Sec. 1951 - Payment of insurance
Contains section 1951
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law Yes
Disposition standard
Statutes at Large References 72 Stat. 1161
105 Stat. 404-406
Public Law References Public Law 85-857, Public Law 102-83
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