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Title 38 — Veterans’ Benefits

Part II · Chapter 19 — Insurance

§ 1902. Premium rates and policy values

Statutory text

Premium rates for insurance shall be the net rates based upon the American Experience Table of Mortality and interest at the rate of 3 per centum per annum. All cash, loan, paid-up, and extended values, and all other calculations in connection with insurance, shall be based upon said American Experience Table of Mortality and interest at the rate of 3 per centum per annum.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Pub. L. 85–857 · 72 Stat. 1105

    Enacted · 38 U.S.C. § 1902

    Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, § 702

    Source evidence

    Code source credit
    Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, § 702

  2. Pub. L. 102–83 § 5(a) · 105 Stat. 378

    Changed · 38 U.S.C. § 1902

    Pub. L. 102–83 renumbered section 702 of this title as this section

    Source evidence

    Code amendment note
    Pub. L. 102–83 renumbered section 702 of this title as this section.

    Enacted provision · exact public law section
    (a) Redesignation of Sections to Conform to Chapter Numbers.— Each section contained in any of chapters 11 through 23 is redesignated by replacing the first digit of the section number with the number of the chapter containing that section. Each section contained in any of chapters 24 through 42 is redesignated so that the first two digits of the section number of that section are the same as the chapter number of the chapter containing that section.

1 of 2 references resolved to an enrolled provision · 1 partial

Editorial Notes

Prior Provisions

Prior section 1902 was renumbered section 3902 of this title.

Another prior section 1902, Pub. L. 85–857, , 72 Stat. 1215, related to limitation on types of assistance furnished and veterans otherwise entitled, prior to the general revision of chapter 39 of this title by Pub. L. 91–666. See sections 3902 and 3903 of this title.

Amendments

1991—Pub. L. 102–83 renumbered section 702 of this title as this section.

Credits

1958–1991 · 2 acts
  1. 1958Pub. L. 85–857, , 72 Stat. 1148, § 702
  2. 1991renumbered § 1902, Pub. L. 102–83, § 5(a), , 105 Stat. 406.
Show as published

(Pub. L. 85–857, , 72 Stat. 1148, § 702; renumbered § 1902, Pub. L. 102–83, § 5(a), , 105 Stat. 406.)

Parsed from the official OLRC USLM XML in data/usc_all/usc38.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t38/s1902