Title 38 — Veterans' BenefitsRelease 119-73
§1983 Settlements for minors or incompetents
Title 38 › Part PART II— - GENERAL BENEFITS › Chapter CHAPTER 19— - INSURANCE › Subchapter SUBCHAPTER IV— - GENERAL › § 1983
Summary
A guardian or other authorized person (including those under Feb. 25, 1933 (25 U.S.C. 14) or those the Secretary recognizes) may choose an optional settlement of NSLI or U.S. Government insurance for a minor or incompetent, and payment that way fully satisfies the U.S.
Full Legal Text
Title 38, §1983
Veterans' Benefits — Source: USLM XML via OLRC
When an optional mode of settlement of National Service Life Insurance or United States Government life insurance heretofore or hereafter matured is available to a beneficiary who is a minor or incompetent, such option may be exercised by such beneficiary’s fiduciary, person qualified under the Act of February 25, 1933 (25 U.S.C. 14), or person recognized by the Secretary as having custody of the person or the estate of such beneficiary, and the obligation of the United States under the insurance contract shall be fully satisfied by payment of benefits in accordance with the mode of settlement so selected.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1991—Pub. L. 102–83 renumbered section 783 of this title as this section and substituted “Secretary” for “Administrator”. Pub. L. 102–54 substituted “the Act of February 25, 1933 (25 U.S.C. 14)” for “section 14 of title 25”. 1986—Pub. L. 99–576 substituted “such beneficiary’s” for “his”.
Reference
Citations & Metadata
Citation
38 U.S.C. § 1983
Title 38 — Veterans' Benefits
Last Updated
Apr 6, 2026
Release point: 119-73