Volume 56 · 89
Public Law 77–69
To amend section 602 (m) of the National Service Life Insurance Act of 1940 (Public, Numbered 801, Seventy-sixth Congress), as amended, to enable a person in active service in the Army, Navy, Marine Corps, or Coast Guard to secure such insurance effective as of date of application by advance of active service pay, and for other purposes.
Approved February 11, 1942
Statutory text
AN ACT
To amend section 602 (m) of the National Service Life Insurance Act of 1940 (Public, Numbered 801, Seventy-sixth Congress), as amended, to enable a person in active service in the Army, Navy, Marine Corps, or Coast Guard to secure such insurance effective as of date of application by advance of active service pay, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That section 602 (m), title VI, of an Act entitled “An Act to provide revenue, and for other purposes”, approved on October 8, 1940 (Public, Numbered 801, Seventy-sixth Congress), be, and the same is hereby, amended by striking out the period at the end thereof and inserting a colon
Provisos.
Advance to pay first premium.
and the following proviso: “Provided, That an amount equal to the first premium due under a national service life-insurance policy may be advanced from current appropriations for active service pay to any person in the active service in the Army, Navy, Marine Corps, or Coast Guard, which amount shall constitute a lien upon any service or other pay accruing to the person for whom such advance was made and shall be collected therefrom if not otherwise paid: Provided
Liability for loss.
further,
Liability for loss.
That no disbursing or certifying officer shall be responsible for any loss incurred by reason of the advance herein authorized: And provided further, That any amount so advanced in excess of
Advance in excess of available service pay.
available service or other pay shall constitute a lien on the policy within the provisions of section 5, Public Law Numbered 866, Seventy-sixth Congress, approved October 17, 1940.”
Approved, February 11, 1942.