10 USC 7082 - Deferred Annuity Policy Required

Each civilian member, as a part of his contract of employment, shall carry, during his employment, a deferred annuity policy, having no cash surrender or loan provision, in a joint-stock life insurance corporation that is incorporated under the laws of a State and has a charter restriction that its business must be conducted without profit to its stockholders.

(Aug. 10, 1956, ch. 1041, 70A Stat. 439.)

Historical and Revision Notes
Revised sectionSource (U.S. Code)Source (Statutes at Large)
7082 34 U.S.C. 1073. Jan. 16, 1936, ch. 3, §1, 49 Stat. 1092.

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Last modified: October 26, 2015