38 USC § 1946 - Dividends to pay premiums

---
identifier: "/us/usc/t38/s1946"
source: "usc"
legal_status: "official_legal_evidence"
title: "38 USC § 1946 - Dividends to pay premiums"
title_number: 38
title_name: "VETERANS’ BENEFITS"
section_number: "1946"
section_name: "Dividends to pay premiums"
chapter_number: 19
chapter_name: "INSURANCE"
subchapter_number: "II"
subchapter_name: "UNITED STATES GOVERNMENT LIFE INSURANCE"
part_number: "II"
part_name: "GENERAL BENEFITS"
positive_law: true
currency: "119-84"
last_updated: "2026-04-21"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1159, § 746; Pub. L. 99–576, title VII, § 701(30), Oct. 28, 1986, 100 Stat. 3293; renumbered § 1946 and amended Pub. L. 102–83, §§ 4(a)(2)(A)(iii)(V), 5(a), Aug. 6, 1991, 105 Stat. 403, 406.)"
---


# § 1946. Dividends to pay premiums

December 31, 1958

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 .

---

**Source Credit**: (Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1159, § 746; Pub. L. 99–576, title VII, § 701(30), Oct. 28, 1986, 100 Stat. 3293; renumbered § 1946 and amended Pub. L. 102–83, §§ 4(a)(2)(A)(iii)(V), 5(a), Aug. 6, 1991, 105 Stat. 403, 406.)

## Editorial Notes

### Amendments

1991— renumbered  as this section and substituted “Secretary” for “Veterans’ Administration”.

1986— substituted “the insured’s” for “his”.