38-U.S.C.-1902

§1902 – Premium Rates and Policy Values

Pathway

Title 38 > Part II > Chapter 19 > Subchapter I > Section 1902

Details

• Reference: Section 1902
• Legend: §1902 – Premium Rates and Policy Values
• USCode Year: 2013

Provision Content

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.

(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, §702; renumbered §1902, Pub. L. 102–83, §5(a), Aug. 6, 1991, 105 Stat. 406.)

Prior Provisions

Prior section 1902 was renumbered section 3902 of this title.

Another prior section 1902, Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1215, related to limitation on types of assistance furnished and veterans otherwise entitled, prior to the general revision of chapter 39 of this title by Pub. L. 91–666. See sections 3902 and 3903 of this title.

Amendments

1991—Pub. L. 102–83 renumbered section 702 of this title as this section.

U.S. Encyclopedia of Law Coverage

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26-U.S.C.-4375 in the Legal Encyclopedia: Insurance

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38-U.S.C.-1801 in the Legal Encyclopedia: Benefits

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Topic Map

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