Title 38 — Veterans' BenefitsRelease 119-73
§1956 Military and naval insurance appropriation
Title 38 › Part PART II— - GENERAL BENEFITS › Chapter CHAPTER 19— - INSURANCE › Subchapter SUBCHAPTER II— - UNITED STATES GOVERNMENT LIFE INSURANCE › § 1956
Summary
Funds set aside for military and naval insurance, plus premiums for yearly renewable term insurance that are deposited in the Treasury for that fund, must be released to the Department. Those funds pay the United States' obligations under those insurance contracts and are paid out according to the Secretary's awards.
Full Legal Text
Title 38, §1956
Veterans' Benefits — Source: USLM XML via OLRC
All sums heretofore or hereafter appropriated for the military and naval insurance appropriation and all premiums collected for yearly renewable term insurance deposited and covered into the Treasury to the credit of this appropriation shall be made available to the Department. All premiums that may hereafter be collected for yearly renewable term insurance shall be deposited and covered into the Treasury for the credit of this appropriation. Such sum is made available for the payment of the liabilities of the United States incurred under contracts of yearly renewable term insurance. Payments from this appropriation shall be made upon and in accordance with the awards by the Secretary.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1991—Pub. L. 102–83, § 5(a), renumbered section 756 of this title as this section. Pub. L. 102–83, § 4(b)(1), (2)(E), substituted “Secretary” for “Administrator”. Pub. L. 102–83, § 4(a)(3), (4), substituted “Department” for “Veterans’ Administration”.
Reference
Citations & Metadata
Citation
38 U.S.C. § 1956
Title 38 — Veterans' Benefits
Last Updated
Apr 6, 2026
Release point: 119-73