38 U.S.C. § 1946

§1946. Dividends to pay premiums

Edition 2024

U.S.C. Title 38 - VETERANS' BENEFITS
38 U.S.C.

United States Code, 2024 Edition

Title 38 - VETERANS' BENEFITS

PART II - GENERAL BENEFITS

CHAPTER 19 - INSURANCE

SUBCHAPTER II - UNITED STATES GOVERNMENT LIFE INSURANCE

Sec. 1946 - Dividends to pay premiums

From the U.S. Government Publishing Office, www.gpo.gov

§1946. Dividends to pay premiums

Until and unless the Secretary has received from the insured a request in writing for payment of dividends in cash or that the dividends be placed on deposit in accordance with the provisions of the insured's policy, any regular annual dividends shall be applied in payment of premiums becoming due on insurance after the date the dividend is payable on or after December 31, 1958.

(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1159, §746; Pub. L. 99–576, title VII, §701(30), Oct. 28, 1986, 100 Stat. 3293; renumbered §1946 and amended Pub. L. 102–83, §§4(a)(2)(A)(iii)(V), 5(a), Aug. 6, 1991, 105 Stat. 403, 406.)

Editorial Notes

Amendments
1991—Pub. L. 102–83 renumbered section 746 of this title as this section and substituted "Secretary" for "Veterans' Administration".

1986—Pub. L. 99–576 substituted "the insured's" for "his".

Official source