Title 38, Veterans' BenefitsRelease 119-102

§1946 Dividends to Pay Premiums

Title 38 › PART II — GENERAL BENEFITS › CHAPTER 19 — INSURANCE › SUBCHAPTER II — UNITED STATES GOVERNMENT LIFE INSURANCE › § 1946

Last updated Aug 21, 2026|Official source

Summary

Dividends payable on or after December 31, 1958 must pay premiums after that date unless the insured sends Secretary a written request for cash or deposit.

Full Legal Text

Title 38, §1946

Veterans' Benefits, Source: USLM XML via OLRC

Until and unless the Secretary has received from the insured a request in writing for payment of dividends in cash or that the dividends be placed on deposit in accordance with the provisions of the insured’s policy, any regular annual dividends shall be applied in payment of premiums becoming due on insurance after the date the dividend is payable on or after December 31, 1958.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1991—Pub. L. 102–83 renumbered section 746 of this title as this section and substituted “Secretary” for “Veterans’ Administration”. 1986—Pub. L. 99–576 substituted “the insured’s” for “his”.

Reference

Citations & Metadata

Citation

38 U.S.C. § 1946

Title 38, Veterans' Benefits

Last Updated

Aug 21, 2026

Release point: 119-102