10-U.S.C.-12530
§12530 – Payment of Benefits
Pathway
Title 10 > Subtitle E > Part II > Chapter 1214 > Section 12530
Details
- Reference: Section 12530
- Legend: §12530 – Payment of Benefits
- USCode Year: 2013
Provision Content
(a) Commencement of Payment.—An insured member who serves in excess of 30 days of covered service shall be paid the amount to which such member is entitled on a monthly basis beginning not later than one month after the 30th day of covered service.
(b) Method of Payment.—The Secretary shall prescribe in the regulations the manner in which payments shall be made to the member or to a person designated in accordance with subsection (c).
(c) Designated Recipients.—(1) A member may designate in writing another person (including a spouse, parent, or other person with an insurable interest, as determined in accordance with the regulations prescribed by the Secretary) to receive payments of insurance benefits under the insurance program.
(2) A member may direct that payments of insurance benefits for a person designated under paragraph (1) be deposited with a bank or other financial institution to the credit of the designated person.
(d) Recipients in Event of Death of Insured Member.—Any insurance payable under the insurance program on account of a deceased members period of covered service shall be paid, upon the establishment of a valid claim, to the beneficiary or beneficiaries which the deceased member designated in writing. If no such designation has been made, the amount shall be payable in accordance with the laws of the State of the members domicile.
(Added Pub. L. 104–106, div. A, title V, §512(a)(1), Feb. 10, 1996, 110 Stat. 304.)
U.S. Encyclopedia of Law Coverage
10-U.S.C.-12529 in the Legal Encyclopedia: Army Reserve
In this entry about 10-U.S.C.-12529, find legal reference material, bibliographies and premiere content related to army reserve in the American Encyclopedia of Law, presenting a comprehensive view of the United States army reserve-specific issues, written by authorities in the field.
10-U.S.C.-12529 in the Legal Encyclopedia: Insurance
In this entry about 10-U.S.C.-12529, find legal reference material, bibliographies and premiere content related to insurance in the American Encyclopedia of Law, presenting a comprehensive view of the United States insurance-specific issues, written by authorities in the field.
10-U.S.C.-12528 in the Legal Encyclopedia: Army Reserve Personnel
In this entry about 10-U.S.C.-12528, find legal reference material, bibliographies and premiere content related to army reserve personnel in the American Encyclopedia of Law, presenting a comprehensive view of the United States army reserve personnel-specific issues, written by authorities in the field.
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