Title 38 — Veterans’ Benefits
Part II · Chapter 19 — Insurance
§ 1903. Amount of insurance
Statutory text
Insurance shall be issued in any multiple of $500 and the amount of insurance with respect to any one person shall be not less than $1,000 or more than $10,000. No person may carry a combined amount of National Service Life Insurance and United States Government life insurance in excess of $10,000 at any one time. The limitations of this section shall not apply to the additional paid up insurance the purchase of which is authorized under section 1907 of this title.
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.
Pub. L. 85–857 · 72 Stat. 1105
Enacted · 38 U.S.C. § 1903
Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, § 703
Source evidence
Code source credit
Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, § 703Pub. L. 92–188 § 1 · 85 Stat. 645
Changed · 38 U.S.C. § 1903
Pub. L. 92–188 made section limitations inapplicable to the additional paid up insurance purchase of which is authorized under section 707 of this title
Source evidence
Code amendment note
Pub. L. 92–188 made section limitations inapplicable to the additional paid up insurance purchase of which is authorized under section 707 of this title.Enacted provision · exact public law section
(1) by striking out “in writing for payment in cash,” in subsection (a) and inserting in lieu thereof “or directive in writing exercising any other dividend option allowable under his policy,,”;Effective date note
Amendment by Pub. L. 92–188 effective on date established by Administrator but in no event later than first day of first calendar month beginning more than six calendar months after Dec. 15, 1971, see section 4 of Pub. L. 92–188, set out as a note under section 1907 of this title.Pub. L. 102–83 § 5(a) · 105 Stat. 378
Substituted · 38 U.S.C. § 1903
Pub. L. 102–83 renumbered section 703 of this title as this section and substituted “1907” for “707”
Source evidence
Code amendment note
Pub. L. 102–83 renumbered section 703 of this title as this section and substituted “1907” for “707”.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.
2 of 3 references resolved to an enrolled provision · 1 partial
Editorial Notes
Prior Provisions
Prior section 1903 was renumbered section 3903 of this title.
Another prior section 1903, Pub. L. 85–857, , 72 Stat. 1216, related to limitation on amounts paid by United States, prior to the general revision of chapter 39 of this title by Pub. L. 91–666. See section 3902 of this title.
Amendments1971–1991 · 2 rounds
1991
Pub. L. 102–83 renumbered section 703 of this title as this section and substituted “1907” for “707”.
1971
Pub. L. 92–188 made section limitations inapplicable to the additional paid up insurance purchase of which is authorized under section 707 of this title.
Statutory Notes and Related Subsidiaries
Effective Date of 1971 Amendment
Amendment by Pub. L. 92–188 effective on date established by Administrator but in no event later than first day of first calendar month beginning more than six calendar months after , see section 4 of Pub. L. 92–188, set out as a note under section 1907 of this title.
Credits
1958–1991 · 3 acts
- 1958Pub. L. 85–857, , 72 Stat. 1148, § 703
- 1971Pub. L. 92–188, § 1, , 85 Stat. 645
- 1991renumbered § 1903 and amended Pub. L. 102–83, § 5(a), (c)(1), , 105 Stat. 406.
Show as published
(Pub. L. 85–857, , 72 Stat. 1148, § 703; Pub. L. 92–188, § 1, , 85 Stat. 645; renumbered § 1903 and amended Pub. L. 102–83, § 5(a), (c)(1), , 105 Stat. 406.)