Page:United States Statutes at Large Volume 76.djvu/293

 76 STAT.]

PUBLIC LAW 87-557-JULY 27, 1962

245

Public Law 87-556 AN ACT To amend section 3203(d) of title 38, United States (3ode, to provide that there shall be no reduction of pension otherwise payable during hospitalization of certain veterans with a wife or child.

July 27, 1.962 [H. R. 8282]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 3203 veterans. (d) of title 38, United States Code, is amended (1) by inserting im- ho^pr/Jiizedl'"* mediately after "any veteran" the following: "having neither wife 73 Stat. 435. nor child", and (2) by striking out paragraph (2) and inserting in lieu thereof the following: "(2) The provisions of paragraph (1) shall also apply to a veteran being furnished such care who has a wife but whose pension is payable under section 521(b) of this title. I n such a case, the Admmistrator may apportion and pay to the wife, upon an affirmative showing of hardship, all or any part of the amounts in excess of $30 per month which would be payable to the veteran while being furnished such care if pension were payable to him under section 521(c) of this title." SEC. 2. (a) The amendments made by this Act shall not apply to cases in which pension is payable pursuant to sections 9(b) and (c) of the Veterans' Pension Act of 1959. 38 USC 521 note. (b) The amendments made by this Act shall take effect on the first Effective date. day of the first calendar month which begins more than thirty days after the date of enactment of this Act. Approved July 27, 1962.

Public Law 87-557 AN ACT To liberalize the provisions of title 38, United States Code, relating to the assignment of national service life insurance.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 718 of title 38, Laiited States Code, is amended (1) by inserting " (a) " before the first sentence; (2) by adding "The provisions of this subsection shall not be applicable to insurance maturing on or after the date of enactment of this sentence.^' at the end of subsection (a); and (3) by adding the following new subsection: " (b) Except as to insurance granted under the provisions of section 722(b) of this title, any person to whom insurance maturing on or after the date of enactment of this sentence is payable may assign all or any portion of his interest in such insurance to a widow, widower, child, father, mother, grandfather, grandmother, brother, or sister of the insured when the designated contingent beneficiary, if any, joins the beneficiary in the assignment. Such joinder shall not be required in any case in which the insurance proceeds are payable in a lump sum." Approved July 27, 1962.

July 27, 1962 [H. R. 10669]

Veterans. National service life insurance. 72 Stat. 1153.

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