Title 38 — Veterans' BenefitsRelease 119-73
§5506 Definition of “fiduciary”
Title 38 › Part PART IV— - GENERAL ADMINISTRATIVE PROVISIONS › Chapter CHAPTER 55— - MINORS, INCOMPETENTS, AND OTHER WARDS › § 5506
Summary
Defines who is a fiduciary. It means someone legally in charge of a claimant or beneficiary or their estate (like a guardian or conservator), or anyone appointed to receive payments for a minor, an incompetent person, or another beneficiary.
Full Legal Text
Title 38, §5506
Veterans' Benefits — Source: USLM XML via OLRC
For purposes of this chapter and chapter 61 of this title, the term “fiduciary” means—
(1)a person who is a guardian, curator, conservator, committee, or person legally vested with the responsibility or care of a claimant (or a claimant’s estate) or of a beneficiary (or a beneficiary’s estate); or
(2)any other person having been appointed in a representative capacity to receive money paid under any of the laws administered by the Secretary for the use and benefit of a minor, incompetent, or other beneficiary.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Effective Date
Section effective on the first day of the seventh month beginning after Dec. 10, 2004, see section 507(a) of Pub. L. 108–454, set out as an
Effective Date
of 2004 Amendment note under section 5312 of this title.
Reference
Citations & Metadata
Citation
38 U.S.C. § 5506
Title 38 — Veterans' Benefits
Last Updated
Apr 6, 2026
Release point: 119-73