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PUBLIC LAW 308-MAR. 16, 1954

Public Law 308 March 16, 1954 [H. R. 5773]

VA insurance refunds. 60 Stat. 787.

46 Stat. 1001.

Mexican agricultural workers. 65 Stat. 119. 7 USC 1461.

STAT.

CHAPTER 9 7

AN ACT To provide for the refund, under certain conditions, of money paid as premiums on United States Government life insurance or national service life insurance which is canceled for fraud.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 602(w) of the National Service Life Insurance Act of 1940, as amended (38 U.S.C. 802 (w)), is hereby amended by changing the period at the end thereof to a colon and adding the following: '''•Provided, That in any case in which a contract or policy of insurance is canceled or voided, after the date of enactment of this proviso, because of fraud, the Administrator of Veterans' Affairs is authorized and directed to refund to the insured, if living, or, if deceased, to the person designated as beneficiary (or if none survives, to the estate or the insured) all money, without interest, paid as premiums on such contract or policy for any period subsequent to two years after the date such fraud induced the Veterans' Administration to issue, reinstate, or convert such insurance liess any dividends, loan, or other payment made to the insured under such contract or policy." SEC. 2. Section 307 of the World W a r Veterans' Act, 1924, as amended (38 U.S.C. 518), is hereby amended by changing the period at the end thereof to a colon and adding the following: '"''And provided further, That in any case in which a contract or policy of insurance is canceled or voided, after the date of enactment of this proviso, because of fraud, t^ e Administrator of Veterans' Affairs is authorized and directed to refund to the insured, if living. or, if deceased, to the person designated as beneficiary (or if none survives, to the estate of the insured) all money, without interest, paid as premiums on such contract or policy for any period subsequent to two years after the date such fraud mduced the Veterans' Administration to issue, reinstate, or convert such insurance less any dividends, loan, or other payment made to the insured under such contract or policy." Approved March 16, 1954. Public Law 309

March 16, 1954 [H. J. R e s. 3553

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C H A P T E R 98

JOINT RESOLUTION Amending title V of the Agricultural Act of 1949.

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That section 501 of the Agricultural Act of 1949, as amended, is further amended by striking out the parenthetical clause "(pursuant to arrangements between the United States and the Republic of Mexico)" and inserting in lieu thereof " (pursuant to arrangements between the United States and the Republic of Mexico or after every practicable effort has been made by the United States to negotiate and reach agreement on such arrangements)". Approved March 16, 1954.

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