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38 U.S.C. § 1907 — Payment or use of dividends
Federal law — U.S. Code and appendices · legal_authorities
**(a)** Until and unless the Secretary has received from the insured a request or directive in writing exercising any other dividend option allowable under the insured’s policy, any dividend accumulations and unpaid dividends shall be applied in payment of premiums becoming due on insurance subsequent to the date the dividend is payable after January 1, 1952.
**(b)** No claim by an insured for payment in cash of a special dividend declared prior to January 1, 1952, shall be processed by the Secretary unless such claim was received within six years after such dividend was declared. Whenever any claim for payment of a special dividend, the processing of which is barred by this subsection, is received by the Secretary, it shall be returned to the claimant, with a copy of this subsection, and such action shall be a complete response without further communication.
**(c)** The Secretary, upon application in writing made by the insured for insurance under this subsection, and without proof of good health, is authorized to apply any dividend due and payable on national service life insurance after the date of such application to purchase paid up insurance. Also, the Secretary, upon application in writing made by the insured during the one-year period beginning September 1, 1991, and without proof of good health, is authorized to apply any national service life insurance dividend credits and deposits of such insured existing at the date of the insured’s application to purchase paid up insurance. After September 1, 1992, the Secretary may, from time to time, provide for further one-year periods during which insureds may purchase additional paid up insurance from existing dividend credits and deposits. Any such period for the purchase of additional paid up insurance may be allow
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Source file: Laws/federal/codes/united-states-code/title-38/section-1907-payment-or-use-of-dividends--192752e04c.md
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Source location: Title 38, Chapter 19, § 1907; chapter-019-insurance.md
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**(a)** Until and unless the Secretary has received from the insured a request or directive in writing exercising any other dividend option allowable under the insured’s policy, any dividend accumulations and unpaid dividends shall be applied in payment of premiums becoming due on insurance subsequent to the date the dividend is payable after January 1, 1952.
**(b)** No claim by an insured for payment in cash of a special dividend declared prior to January 1, 1952, shall be processed by the Secretary unless such claim was received within six years after such dividend was declared. Whenever any claim for payment of a special dividend, the processing of which is barred by this subsection, is received by the Secretary, it shall be returned to the claimant, with a copy of this subsection, and such action shall be a complete response without further communication.
**(c)** The Secretary, upon application in writing made by the insured for insurance under this subsection, and without proof of good health, is authorized to apply any dividend due and payable on national service life insurance after the date of such application to purchase paid up insurance. Also, the Secretary, upon application in writing made by the insured during the one-year period beginning September 1, 1991, and without proof of good health, is authorized to apply any national service life insurance dividend credits and deposits of such insured existing at the date of the insured’s application to purchase paid up insurance. After September 1, 1992, the Secretary may, from time to time, provide for further one-year periods during which insureds may purchase additional paid up insurance from existing dividend credits and deposits. Any such period for the purchase of additional paid up insurance may be allowed only if the Secretary determines in the case of any such period that it would be actuarially and administratively sound to do so. Any dividends, dividend credits, or deposits on endowment policies may be used under this subsection only to purchase additional paid up endowment insurance which matures concurrently with the basic policy. Any dividends, dividend credits, or deposits on policies (other than endowment policies) may be used under this section only to purchase additional paid up whole life insurance. The paid up insurance granted under this subsection shall be in addition to any insurance otherwise authorized under this title, or under prior provisions of law. The paid up insurance granted under this subsection shall be issued on the same terms and conditions as are contained in the standard policies of national service life insurance except (1) the premium rates for such insurance and all cash and loan values thereon shall be based on such table of mortality and rate of interest per annum as may be prescribed by the Secretary; (2) the total disability income provision authorized under [section 1915 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1915&num=0&edition=prelim) may not be added to insurance issued under this section; and (3) the insurance shall include such other changes in terms and conditions as the Secretary determines to be reasonable and practicable.
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** Except as provided in subsection (b), no person eligible for dependency and indemnity compensation by reason of any death occurring after December 31, 1956, shall be eligible by reason of such death for any payments under (1) provisions of law administered by the Secretary providing for the payment of death compensation or death pension, or (2) subchapter I of chapter 81 of title 5.
**(b)** A surviving spouse who is eligible for dependency and indemnity compensation may elect to receive death pension instead of such compensation.
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1317
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Secretary may, under such rules and regulations as may be prescribed by the President or the President’s designee, provide to personnel of the Department who are United States citizens and are assigned by the Secretary to the Department offices in the Republic of the Philippines allowances and benefits similar to those provided by the following provisions of law:
(1) Section 905 of the Foreign Service Act of 1980 (relating to allowances to provide for the proper representation of the United States).
(2) Sections 901(1), (2), (3), (4), (7), (8), (9), (11), and (12) of the Foreign Service Act of 1980 (relating to travel expenses).
(3) Section 901(13) of the Foreign Service Act of 1980 (relating to transportation of automobiles).
(4) Section 903 of the Foreign Service Act of 1980 (relating to the return of personnel to the United States on leave of absence).
(5) Section 904(d) of the Foreign Service Act of 1980 (relating to payments by the United States of expenses for treating illness or injury of officers or employees and dependents requiring hospitalization).
(6) [Section 5724a(c) of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5724a/c&num=0&edition=prelim) (relating to subsistence expenses for 60 days in connection with the return to the United States of the employee and such employee’s immediate family).
(7) [Section 5724a(d) of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5724a/d&num=0&edition=prelim) (relating to the sale and purchase of the residence or settlement of an unexpired lease of the employee when transferred from one station to another station and both stations are in the United States, its territories or possessions, or the Commonwealth of Puerto Rico).
**(b
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 707
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Federal law — U.S. Code and appendices · legal_authorities
The Secretary shall, except as hereinafter provided, upon application by the insured and proof of good health satisfactory to the Secretary and payment of such extra premium as the Secretary shall prescribe, include in any National Service Life Insurance policy on the life of the insured (except a policy issued under section 620 of the National Service Life Insurance Act of 1940, or [section 1922 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1922&num=0&edition=prelim)) provisions whereby an insured who is shown to have become totally disabled for a period of six consecutive months or more commencing after the date of such application and before attaining the age of sixty-five and while the payment of any premium is not in default, shall be paid monthly disability benefits from the first day of the seventh consecutive month of and during the continuance of such total disability of $10 for each $1,000 of such insurance in effect when such benefits become payable. The total disability provision authorized under this section shall not be issued unless application therefor is made either prior to the insured’s fifty-fifth birthday, or before the insured’s sixtieth birthday and prior to January 1, 1966. The total disability provision authorized under this section shall not be added to a policy containing the total disability coverage heretofore issued under section 602(v) of the National Service Life Insurance Act of 1940, or the provisions of this section as in effect before January 1, 1965, except upon surrender of such total disability coverage, proof of good health, if required, satisfactory to the Secretary, and payment of such extra premium as the Secretary shall determine is required in such cases. Participating policies con
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1915
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Federal law — U.S. Code and appendices · legal_authorities
Insurance shall be issued in any multiple of $500 and the amount of insurance with respect to any one person shall be not less than $1,000 or more than $10,000. No person may carry a combined amount of National Service Life Insurance and United States Government life insurance in excess of $10,000 at any one time. The limitations of this section shall not apply to the additional paid up insurance the purchase of which is authorized under [section 1907 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1907&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1903
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Federal law — U.S. Code and appendices · legal_authorities
United States Government life insurance shall be issued against death or total permanent disability in any multiple of $500 and not less than $1,000 or more than $10,000. No person may carry a combined amount of National Service Life Insurance and United States Government life insurance in excess of $10,000 at any one time. The limitations of this section shall not apply to the additional paid up insurance the purchase of which is authorized under [section 1907 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1907&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1941
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Federal law — U.S. Code and appendices · legal_authorities
Page 499
TITLE 38—VETERANS’ BENEFITS
§ 1907
ter 39 of this title by Pub. L. 91–666, § 2(a), Jan. 11, 1971,
84 Stat. 1998. See section 3903 of this title.
AMENDMENTS
1991—Pub. L. 102–83, § 5(a), renumbered section 704 of
this title as this section.
Subsec. (b). Pub. L. 102–83, § 4(b)(1), (2)(E), substituted
‘‘Secretary’’ for ‘‘Administrator’’.
Subsec. (c). Pub. L. 102–83, § 5(c)(1), substituted
‘‘1923(b)’’ for ‘‘723(b)’’, ‘‘1922(a)’’ for ‘‘722(a)’’ in two
places, and ‘‘1925’’ for ‘‘725’’ in two places.
Pub. L. 102–83, § 4(b)(1), (2)(E), substituted ‘‘Sec-
retary’’ for ‘‘Administrator’’.
Subsec. (d). Pub. L. 102–83, § 5(c)(1), substituted ‘‘1912’’
for ‘‘712’’.
Subsec. (e). Pub. L. 102–83, § 4(b)(1), (2)(E), substituted
‘‘Secretary’’ for ‘‘Administrator’’ wherever appearing.
1986—Subsec. (d). Pub. L. 99–576, § 701(21)(A), sub-
stituted ‘‘the insured’s’’ for ‘‘his’’ in four places, and
‘‘the insured’’ for ‘‘he’’ in two places.
Subsec. (e). Pub. L. 99–576, § 701(21)(B), substituted
‘‘the insured’s’’ for ‘‘his’’ and ‘‘the Administrator’’ for
‘‘he’’.
1982—Subsec. (e). Pub. L. 97–295 substituted ‘‘After
June 30, 1972,’’ for ‘‘On and after the effective date of
this subsection’’, and substituted ‘‘subsection’’ for
‘‘subsections’’ after ‘‘plan issued under’’.
1971—Subsec. (e). Pub. L. 92–193 added subsec. (e).
1964—Pub. L. 88–664 designated existing provisions as
subsec. (a) and added subsecs. (b) to (d).
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 1971 AMENDMENT
Pub. L. 92–193 provided that the amendment made by
Pub. L. 92–193 is effective first day of first calendar
month which begins more than six calendar months
after Dec. 15, 1971.
EFFECTIVE DATE OF 1964 AMENDMENT
Amendment by Pub. L. 88–664 effective first day of
first calend
Source: Supplied 2024 U.S. Code historical extraction · 38 U.S.C. § 1907
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