Title 38 of the U.S. Code § 1943 - Premiums
Full text of § 1943 from Title 38 of the United States Code.
§ 1943. Premiums
The premium rates for insurance shall be the net rates based upon the American Experience Table of Mortality and interest at 3½ percent per annum. Regulations shall prescribe the time and method of payment of premiums, but payments of premiums in advance shall not be required for periods of more than one month each, and may be deducted from the pay or deposit of the insured or be otherwise made at the insured's election.
(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1158, §743; Pub. L. 97–295, §4(26), Oct. 12, 1982, 96 Stat. 1307; Pub. L. 99–576, title VII, §701(30), Oct. 28, 1986, 100 Stat. 3293; renumbered §1943, Pub. L. 102–83, §5(a), Aug. 6, 1991, 105 Stat. 406.)
Editorial Notes
Amendments
1991—Pub. L. 102–83 renumbered section 743 of this title as this section.
1986—Pub. L. 99–576 substituted "the insured's" for "his".
1982—Pub. L. 97–295 substituted "percent" for "per centum".
About This Section
38 U.S.C. § 1943 is part of Title 38 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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