Until and unless the Secretary has received from the insured a request in writing for payment of dividends in cash or that the dividends be placed on deposit in accordance with the provisions of the insured’s policy, any regular annual dividends shall be applied in payment of premiums becoming due on insurance after the date the dividend is payable on or after .
Pub. L. 85–85772 Stat. 1159 Pub. L. 99–576, title VII, § 701(30)100 Stat. 3293 Pub. L. 102–83105 Stat. 403 (, , , § 746; , , ; renumbered § 1946 and amended , §§ 4(a)(2)(A)(iii)(V), 5(a), , , 406.)
Editorial Notes
Amendments
Pub. L. 102–83section 746 of this title1991— renumbered as this section and substituted “Secretary” for “Veterans’ Administration”.
Pub. L. 99–5761986— substituted “the insured’s” for “his”.