
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 38USC1903]

 
                      TITLE 38--VETERANS' BENEFITS
 
                        PART II--GENERAL BENEFITS
 
                          CHAPTER 19--INSURANCE
 
              SUBCHAPTER I--NATIONAL SERVICE LIFE INSURANCE
 
Sec. 1903. Amount of insurance

    Insurance shall be issued in any multiple of $500 and the amount of 
insurance with respect to any one person shall be not less than $1,000 
or more than $10,000. No person may carry a combined amount of National 
Service Life Insurance and United States Government life insurance in 
excess of $10,000 at any one time. The limitations of this section shall 
not apply to the additional paid up insurance the purchase of which is 
authorized under section 1907 of this title.

(Pub. L. 85-857, Sept. 2, 1958, 72 Stat. 1148, Sec. 703; Pub. L. 92-188, 
Sec. 1, Dec. 15, 1971, 85 Stat. 645; renumbered Sec. 1903 and amended 
Pub. L. 102-83, Sec. 5(a), (c)(1), Aug. 6, 1991, 105 Stat. 406.)


                            Prior Provisions

    Prior section 1903 was renumbered section 3903 of this title.
    Another prior section 1903, Pub. L. 85-857, Sept. 2, 1958, 72 Stat. 
1216, related to limitation on amounts paid by United States, prior to 
the general revision of chapter 39 of this title by Pub. L. 91-666. See 
section 3902 of this title.


                               Amendments

    1991--Pub. L. 102-83 renumbered section 703 of this title as this 
section and substituted ``1907'' for ``707''.
    1971--Pub. L. 92-188 made section limitations inapplicable to the 
additional paid up insurance purchase of which is authorized under 
section 707 of this title.


                    Effective Date of 1971 Amendment

    Amendment by Pub. L. 92-188 effective on date established by 
Administrator but in no event later than first day of first calendar 
month beginning more than six calendar months after Dec. 15, 1971, see 
section 4 of Pub. L. 92-188, set out as a note under section 1907 of 
this title.
