38 U.S.C. § 1903 — Amount of insurance
submitted 68 years ago by Pub. L. 85-857 to r/title-38-VETERANS-BENEFITS · 83 words · no verdicts yet
This section sets the permitted amounts of insurance and limits the combined amount of two specified kinds of Government life insurance. It excludes additional paid-up insurance authorized under another section from those limits.
Insurance* must be issued in any multiple of $500 and the amount of insurance about any one person must be not less than $1,000 or more than $10,000. No person can 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 must not apply to the additional paid up insurance the purchase of which is authorized under section 1907 of this title .
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.
Source credit: (Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, § 703; Pub. L. 92–188, § 1, Dec. 15, 1971, 85 Stat. 645; renumbered § 1903 and amended Pub. L. 102–83, § 5(a), (c)(1), Aug. 6, 1991, 105 Stat. 406.)
- 1958Enacted · Pub. L. 85-857 · 72 Stat. 1148
- 1971Amended · Pub. L. 92-188 · 85 Stat. 645
- 1991Amended · Pub. L. 102-83 · 105 Stat. 406
A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-857 on 1958-09-02.
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