(a)
(1) is required in prosecuting a war or for national defense; and
(2) cannot be obtained at reasonable rates or on reasonable terms and conditions from approved companies authorized to do insurance business in a State of the United States.
(b)
(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1628.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
53904 | 46 App.:1286. | June 29, 1936, ch. 858, title XII, §1206, as added Sept. 7, 1950, ch. 906, 64 Stat. 774; Aug. 3, 1956, ch. 929, §5, 70 Stat. 986. |
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