Regulacje i polityka gospodarcza · 21.12.1994

National Service Life Insurance

This document amends the Department of Veterans Affairs (VA) regulations regarding National Service Life Insurance (NSLI) to provide that when an interest rate change is required on an NSLI variable rate loan the effective date of the new interest rate will be on or after the first day of October on which the rate change is made in the insurance automatic data processing system, and that such new rate shall remain in effect for not less than one year after the date of establishment. This action is being taken to allow sufficient time to make all necessary modifications to the Insurance ADP system without any adverse impact on NSLI policyholders and VA.