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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 10 U.S.C. § 12530 Payment of benefits us united_states_code code_section 10 ARMED FORCES 1214 READY RESERVE MOBILIZATION INCOME INSURANCE 12530 10 U.S.C. § 12530 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc10@119-100.zip /us/usc/t10/s12530 data/legal/raw/us/code/title-10/usc10.xml 1bb7a63d8b2b10db6631c43bd15890fde7abd4fb8ef2af5bed7a570aed9cc4e0 06a2679d38355c44f4219c983fdad34009233205d6ba271593a4c1b17a739ec1 4adf1b2bccf1926278a6fa152ab82f544ed19e9c713c123214f6e98b2de074f7 2026-07-04 official
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10 U.S.C. § 12530 - Payment of benefits

Text

(a) Commencement of Payment.— An insured member who serves in excess of 30 days of covered service shall be paid the amount to which such member is entitled on a monthly basis beginning not later than one month after the 30th day of covered service.

(b) Method of Payment.— The Secretary shall prescribe in the regulations the manner in which payments shall be made to the member or to a person designated in accordance with subsection (c).

(c) Designated Recipients.— (1) A member may designate in writing another person (including a spouse, parent, or other person with an insurable interest, as determined in accordance with the regulations prescribed by the Secretary) to receive payments of insurance benefits under the insurance program.

(2) A member may direct that payments of insurance benefits for a person designated under paragraph (1) be deposited with a bank or other financial institution to the credit of the designated person.

(d) Recipients in Event of Death of Insured Member.— Any insurance payable under the insurance program on account of a deceased members period of covered service shall be paid, upon the establishment of a valid claim, to the beneficiary or beneficiaries which the deceased member designated in writing. If no such designation has been made, the amount shall be payable in accordance with the laws of the State of the members domicile.

(Added Pub. L. 104106, div. A, title V, § 512(a)(1), Feb. 10, 1996, 110 Stat. 304.)