2018 US Code
Title 38 - Veterans' Benefits
Part II - General Benefits
Chapter 19 - Insurance
Subchapter II - United States Government Life Insurance
Sec. 1950 - Payment to estates
| 38 U.S.C. § 1950 (2018) |
| §1950. Payment to estates |
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If no beneficiary of insurance is designated by the insured, either while alive or by last will, or if the designated beneficiary does not survive the insured, then there shall be paid to the estate of the insured the present value of the remaining unpaid monthly installments. If the designated beneficiary survives the insured and dies before receiving all of the installments of insurance payable and applicable, then there shall be paid to the estate of such beneficiary the present value of the remaining unpaid monthly installments. No payments shall be made to any estate which under the laws of the residence of the insured or the beneficiary, as the case may be, would escheat, but same shall escheat to the United States and be credited to the United States Government Life Insurance Fund. |
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(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1160, §750; Pub. L. 99–576, title VII, §701(31), Oct. 28, 1986, 100 Stat. 3293; renumbered §1950, Pub. L. 102–83, §5(a), Aug. 6, 1991, 105 Stat. 406.) |
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AMENDMENTS
1991—Pub. L. 102–83 renumbered section 750 of this title as this section. 1986—Pub. L. 99–576 substituted "while alive or by last will" for "in his lifetime or by his last will and testament". |
| United States Code, 2018 Edition, 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. 1950 - Payment to estates |
| section 1950 |
| 2018 |
| January 14, 2019 |
| Yes |
| standard |
| 72 Stat. 1160 100 Stat. 3293 105 Stat. 406 |
| Public Law 85-857, Public Law 99-576, Public Law 102-83 |
