§ 3224. Death of participant

299 words·~1 min read·/usc/title-38/section-3224

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In the event of a participant’s death, the amount of such participant’s unused contributions to the fund shall be paid to the living person or persons first listed below:

(1)The beneficiary or beneficiaries designated by such participant under such participant’s Servicemembers’ Group Life Insurance policy.

(2)The surviving spouse of the participant.

(3)The surviving child or children of the participant, in equal shares.

(4)The surviving parent or parents of the participant, in equal shares.

If there is no such person living, such amount shall be paid to such participant’s estate.

(Added Pub. L. 94–502, title IV, § 404, Oct. 15, 1976, 90 Stat. 2395, § 1624; amended Pub. L. 96–466, title IV, § 402, Oct. 17, 1980, 94 Stat. 2201; renumbered § 3224, Pub. L. 102–83, § 5(a), Aug. 6, 1991, 105 Stat. 406; Pub. L. 104–275, title IV, § 405(c)(2), Oct. 9, 1996, 110 Stat. 3340.)

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Cited by 6 sections

U.S. Code

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U.S. Code

Purpose
§ 3201

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Pub. L. 94–502, title IV, § 404
90 Stat. 2395
Pub. L. 96–466, title IV, § 402
94 Stat. 2201
Pub. L. 102–83, § 5(a)
105 Stat. 406
Pub. L. 104–275, title IV, § 405(c)(2)
110 Stat. 3340
Pub. L. 104–275
Pub. L. 102–83
section 1624 of this title
Pub. L. 96–466
Pub. L. 96–466, title VIII, § 802(d)(2)
94 Stat. 2218
section 406 of Pub. L. 94–502

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cites case law

§ 3224

Death of participant

U.S.C.×4

C.F.R.×2

U.S.C.§ 3201

Pub. L.Pub. L. 94–502, title IV, § 404

Stat.90 Stat. 2395

Pub. L.Pub. L. 96–466, title IV, § 402

Stat.94 Stat. 2201

Pub. L.Pub. L. 102–83, § 5(a)

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