Title 38Veterans' BenefitsRelease 119-73

§1953 Assignments

Title 38 › Part PART II— - GENERAL BENEFITS › Chapter CHAPTER 19— - INSURANCE › Subchapter SUBCHAPTER II— - UNITED STATES GOVERNMENT LIFE INSURANCE › § 1953

Last updated Apr 6, 2026|Official source

Summary

Those due U.S. Government life insurance may assign it to certain close relatives; Sec. 3 of World War Veterans’ Act, 1924 (in effect Dec. 31, 1958), defines.

Full Legal Text

Title 38, §1953

Veterans' Benefits — Source: USLM XML via OLRC

Any person to whom United States Government life insurance shall be payable may assign such person’s interest in such insurance to the spouse, child, grandchild, parent, brother, sister, uncle, aunt, nephew, niece, brother-in-law, or sister-in-law of the insured. Insofar as applicable, the definitions contained in section 3 of the World War Veterans’ Act, 1924, in effect on December 31, 1958, shall apply to this section.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 3 of the World War Veterans’ Act, 1924, referred to in text, is section 3 of act June 7, 1924, ch. 320, 43 Stat. 607, which was classified to section 424 of former Title 38, Pensions, Bonuses, and Veterans’ Relief, and which was repealed and the provisions thereof reenacted as section 101 of this title by Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1105.

Amendments

1991—Pub. L. 102–83 renumbered section 753 of this title as this section. 1979—Pub. L. 96–128 substituted “such person’s” for “his”.

Statutory Notes and Related Subsidiaries

Effective Date

of 1979 AmendmentAmendment by Pub. L. 96–128 effective Nov. 28, 1979, see section 601(b) of Pub. L. 96–128, set out as a note under section 1114 of this title.

Reference

Citations & Metadata

Citation

38 U.S.C. § 1953

Title 38Veterans' Benefits

Last Updated

Apr 6, 2026

Release point: 119-73