38 USC 1951 – Payment of insurance
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United States Government life insurance, except as provided in this subchapter, shall be payable in two hundred and forty equal monthly installments. When the amount of an individual monthly payment is less than $5, such amount may in the discretion of the Secretary be allowed to accumulate without interest and be disbursed annually.
Terms Used In 38 USC 1951
- individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See 1 USC 8