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38 U.S.C. § 1902 — Premium rates and policy values

Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 1902 — Premium rates and policy values

Premium rates for insurance shall be the net rates based upon the American Experience Table of Mortality and interest at the rate of 3 per centum per annum. All cash, loan, paid-up, and extended values, and all other calculations in connection with insurance, shall be based upon said American Experience Table of Mortality and interest at the rate of 3 per centum per annum.

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Source location: Title 38, Chapter 19, § 1902; chapter-019-insurance.md

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Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 3902 — Assistance for providing automobile and adaptive equipment

**(a)** The Secretary, under regulations which the Secretary shall prescribe, shall provide or assist in providing an automobile or other conveyance to each eligible person by paying the total purchase price of the automobile or other conveyance (including all State, local, and other taxes) or $18,900 (as adjusted from time to time under subsection (e)),11 See Special Benefit Allowance Rates note below. whichever is the lesser, to the seller from whom the eligible person is purchasing under a sales agreement between the seller and the eligible person. **(b)** (1) The Secretary, under regulations which the Secretary shall prescribe, shall provide each eligible person the adaptive equipment deemed necessary to insure that the eligible person will be able to operate the automobile or other conveyance in a manner consistent with such person’s own safety and the safety of others and so as to satisfy the applicable standards of licensure established by the State of such person’s residency or other proper licensing authority. (2) In the case of any veteran (other that a person eligible for assistance under paragraph (1) of this subsection) who is entitled to compensation for ankylosis of one or both knees, or one or both hips, the Secretary, under the terms and conditions set forth in subsections (a), (c), and (d) of [section 3903 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section3903&num=0&edition=prelim) and under regulations which the Secretary shall prescribe, shall provide such adaptive equipment to overcome the disability resulting from such ankylosis as (A) is necessary to meet the applicable standards of licensure established by the State of such veteran’s residency or other proper licensing authority for the operation of suc

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Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 1902 — Premium rates and policy values

Page 497 TITLE 38—VETERANS’ BENEFITS § 1904 ‘‘Veterans’ Special Life Insurance’’ for ‘‘Veterans’ spe- cial term insurance’’ in item 723. 1971—Pub. L. 92–188, § 3, Dec. 15, 1971, 85 Stat. 645, sub- stituted ‘‘Payment or use of dividends’’ for ‘‘Dividends to pay premiums’’ in item 707. 1970—Pub. L. 91–291, § 7, June 25, 1970, 84 Stat. 331, sub- stituted ‘‘Duration and termination of coverage; con- version’’ for ‘‘Termination of coverage; conversion’’ in item 768. 1965—Pub. L. 89–214, § 2, Sept. 29, 1965, 79 Stat. 886, re- designated ‘‘SUBCHAPTER III—GENERAL’’ as ‘‘SUB- CHAPTER IV—GENERAL’’ and inserted ‘‘SUB- CHAPTER III—SERVICEMEN’S GROUP LIFE INSUR- ANCE’’ comprising items 765 to 776. 1964—Pub. L. 88–664, § 12(c), Oct. 13, 1964, 78 Stat. 1099, added item 725. SUBCHAPTER I—NATIONAL SERVICE LIFE INSURANCE § 1901. Definitions For the purposes of this subchapter— (1) The term ‘‘insurance’’ means National Service Life Insurance. (2) The terms ‘‘widow’’ or ‘‘widower’’ mean a person who was the lawful spouse of the insured at the maturity of the insurance. (3) The term ‘‘child’’ means a legitimate child, an adopted child, and, if designated as bene- ficiary by the insured, a stepchild or an illegit- imate child. (4) The terms ‘‘parent’’, ‘‘father’’, and ‘‘moth- er’’ mean a father, mother, father through adop- tion, mother through adoption, persons who have stood in loco parentis to a member of the military or naval forces at any time before entry into active service for a period of not less than one year, and a stepparent, if designated as beneficiary by the insured. (Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, § 701; renumbered § 1901, Pub. L. 102–83, § 5(a), Aug. 6, 1991, 105 Stat. 406.) Editorial Notes PRIOR PROVISIONS Prior section 1901 was

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