[USC02] 38 USC 1946: Dividends to pay premiums
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TEXT OF PART V OF SUBTITLE A (§3001 ET SEQ.), EFFECTIVE JANUARY 1, 2022, CURRENTLY SET OUT AS A PREVIEW

38 USC 1946: Dividends to pay premiums Text contains those laws in effect on May 8, 2021
From Title 38-VETERANS' BENEFITSPART II-GENERAL BENEFITSCHAPTER 19-INSURANCESUBCHAPTER II-UNITED STATES GOVERNMENT LIFE INSURANCE

§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".