Source: http://www.law.cornell.edu/uscode/text/10/12527?quicktabs_8=1
Timestamp: 2013-12-12 15:38:06
Document Index: 491662644

Matched Legal Cases: ['§ 12527', '§ 12527', '§ 12527', '§ 512', '§ 547', '§ 1704', '§ 547', '§ 547']

10 USC § 12527 - Payment of premiums | Title 10 - Armed Forces | U.S. Code | LII / Legal Information Institute
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10 USC § 12527 - Payment of premiums
Methods of Payment.— (1)
Advance Pay for Premium.— The Secretary concerned may advance to an insured member the amount equal to the first insurance premium payment due under this chapter. The advance may be paid out of appropriations for military pay. An advance to a member shall be collected from the member either by deducting and withholding the amount from basic pay payable for the member or by collecting it from the member directly. No disbursing or certifying officer shall be responsible for any loss resulting from an advance under this subsection.
Premiums To Be Deposited in Fund.— Premium amounts deducted and withheld from the pay of insured members and premium amounts paid directly to the Secretary shall be credited monthly to the Fund.
(Added Pub. L. 104–106, div. A, title V, § 512(a)(1),Feb. 10, 1996, 110 Stat. 302; amended Pub. L. 104–201, div. A, title V, § 547,Sept. 23, 1996, 110 Stat. 2524; Pub. L. 107–296, title XVII, § 1704(b)(1),Nov. 25, 2002, 116 Stat. 2314.)
1996—Subsec. (a)(1). Pub. L. 104–201, § 547(1), inserted “of the Selected Reserve” after “a member”.
Subsec. (a)(2). Pub. L. 104–201, § 547(2), added par. (2) and struck out former par. (2) which read as follows: “An insured member who does not receive pay on a monthly basis shall pay the Secretary directly the premium amount applicable for the level of benefits for which the member is insured.”