Title 38 — Veterans’ Benefits
Part II · Chapter 19 — Insurance
§ 1951. Payment of insurance
Statutory text
United States Government life insurance, except as provided in this subchapter, shall be payable in two hundred and forty equal monthly installments. When the amount of an individual monthly payment is less than $5, such amount may in the discretion of the Secretary be allowed to accumulate without interest and be disbursed annually.
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. § 1951
Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1161, § 751
Source evidence
Code source credit
Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1161, § 751Pub. L. 102–83 · 105 Stat. 378
Substituted · 38 U.S.C. § 1951
Pub. L. 102–83 renumbered section 751 of this title as this section and substituted “Secretary” for “Administrator”
Source evidence
Code amendment note
Pub. L. 102–83 renumbered section 751 of this title as this section and substituted “Secretary” for “Administrator”.
0 of 2 references resolved to an enrolled provision · 2 partial
Editorial Notes
Amendments
1991—Pub. L. 102–83 renumbered section 751 of this title as this section and substituted “Secretary” for “Administrator”.
Credits
1958–1991 · 2 acts
- 1958Pub. L. 85–857, , 72 Stat. 1161, § 751
- 1991renumbered § 1951 and amended Pub. L. 102–83, §§ 4(b)(1), (2)(E), 5(a), , 105 Stat. 404–406.
Show as published
(Pub. L. 85–857, , 72 Stat. 1161, § 751; renumbered § 1951 and amended Pub. L. 102–83, §§ 4(b)(1), (2)(E), 5(a), , 105 Stat. 404–406.)