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38 U.S.C. · Veterans' Benefits
38 U.S.C. § 1929

Authority to adjust premium discount rates

Ch. 19 — INSURANCE
Title 38 U.S.C. ● ACTIVE Primary Source Ch. 19
Statutory Text

38 U.S.C. § 1929 — Authority to adjust premium discount rates

U.S.C. Title 38 - VETERANS' BENEFITS 38 U.S.C. United States Code, 2023 Edition Title 38 - VETERANS' BENEFITS PART II - GENERAL BENEFITS CHAPTER 19 - INSURANCE SUBCHAPTER I - NATIONAL SERVICE LIFE INSURANCE Sec. 1929 - Authority to adjust premium discount rates From the U.S. Government Publishing Office, www.gpo.gov

§1929. Authority to adjust premium discount rates

(a) Notwithstanding sections 1902, 1923, and 1925 of this title and subject to subsection (b) of this section, the Secretary may from time to time adjust the discount rates for premiums paid in advance on National Service Life Insurance, Veterans' Special Life Insurance, and Veterans Reopened Insurance. (b)(1) In adjusting a discount rate pursuant to subsection (a) of this section, the Secretary may not set such rate at a rate lower than the rate authorized for the program of insurance involved under section 1902, 1923, or 1925 of this title. (2) The Secretary may make an adjustment under subsection (a) of this section only if the Secretary determines that the adjustment is administratively and actuarially sound for the program of insurance involved.

(Added Pub. L. 100–687, div. B, title XIV, §1401(b)(1), Nov. 18, 1988, 102 Stat. 4129, §729; renumbered §1929 and amended Pub. L. 102–83, §§4(b)(1), (2)(E), 5(a), (c)(1), Aug. 6, 1991, 105 Stat. 404–406.)

Editorial Notes

Amendments 1991—Pub. L. 102–83, §5(a), renumbered section 729 of this title as this section. Pub. L. 102–83, §5(c)(1), substituted "1902, 1923, and 1925" for "702, 723, and 725" in subsec. (a) and "1902, 1923, or 1925" for "702, 723, or 725" in subsec. (b)(1). Pub. L. 102–83, §4(b)(1), (2)(E), substituted "Secretary" for "Administrator" wherever appearing.

Statutory Notes and Related Subsidiaries

Effective Date Pub. L. 100–687, div. B, title XIV, §1401(b)(2), Nov. 18, 1988, 102 Stat. 4129, provided that: "The amendment made by paragraph (1) [enacting this section] shall take effect with respect to premiums paid after the date of the enactment of this Act [Nov. 18, 1988]."

Source: uscode.house.gov — public domain Official Source ↗
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38 U.S.C. § 1929
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The statutory text of 38 U.S.C. § 1929 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 38 U.S.C. § 1928 38 U.S.C. § 1940 →
Ch. 19 — INSURANCE
38 U.S.C. § 190138 U.S.C. § 190238 U.S.C. § 190338 U.S.C. § 190438 U.S.C. § 190538 U.S.C. § 190638 U.S.C. § 190738 U.S.C. § 190838 U.S.C. § 190938 U.S.C. § 191038 U.S.C. § 191138 U.S.C. § 191238 U.S.C. § 191338 U.S.C. § 191438 U.S.C. § 191538 U.S.C. § 191638 U.S.C. § 191738 U.S.C. § 191838 U.S.C. § 191938 U.S.C. § 192038 U.S.C. § 192138 U.S.C. § 192238 U.S.C. § 1922A38 U.S.C. § 1922B38 U.S.C. § 192338 U.S.C. § 192438 U.S.C. § 192538 U.S.C. § 192638 U.S.C. § 192738 U.S.C. § 1928
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