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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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38 U.S.C. § 1951 (2017) |
§1951. Payment of insurance |
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. |
(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.) |
AMENDMENTS
1991—Pub. L. 102–83 renumbered section 751 of this title as this section and substituted "Secretary" for "Administrator". |
United States Code, 2012 Edition, Supplement 5, Title 38 - VETERANS' BENEFITS |
Bills and Statutes |
United States Code |
Y 1.2/5: |
Title 38 - VETERANS' BENEFITS PART II - GENERAL BENEFITS CHAPTER 19 - INSURANCE SUBCHAPTER II - UNITED STATES GOVERNMENT LIFE INSURANCE Sec. 1951 - Payment of insurance |
section 1951 |
2017 |
January 12, 2018 |
Yes |
standard |
72 Stat. 1161 105 Stat. 404-406 |
Public Law 85-857, Public Law 102-83 |
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