38 USC § 1943 - Premiums
The premium rates for insurance shall be the net rates based upon the American Experience Table of Mortality and interest at 31/2 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.
The premium rates for insurance shall be the net rates based upon the American Experience Table of Mortality and interest at 31/2 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.
Source
(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.)
Amendments
1991—Pub. L. 102–83renumbered section
743 of this title as this section.
1986—Pub. L. 99–576substituted “the insured’s” for “his”.
1982—Pub. L. 97–295substituted “percent” for “per centum”.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, May 21, 2013
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