[Code of Federal Regulations]
[Title 38, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 38CFR11.128]

[Page 547]
 
            TITLE 38--PENSIONS, BONUSES, AND VETERANS' RELIEF
 
                CHAPTER I--DEPARTMENT OF VETERANS AFFAIRS
 
PART 11_LOANS BY BANKS ON AND PAYMENT OF ADJUSTED SERVICE 
 
Sec. 11.128  Veteran dies without having filed application 

for final settlement.

    If the veteran dies without having filed application for final 
settlement under the Adjusted Compensation Payment Act, 1936, and the 
certificate has not matured, payment will be made to the last designated 
beneficiary or, if no beneficiary, to his estate. If the certificate has 
matured, payment will be made to the veteran's estate regardless of any 
beneficiary designation. Payment of the amount due on a deceased 
veteran's certificate will be made only on an approved award based upon 
receipt in the Department of Veterans Affairs of an application properly 
executed by the person or persons entitled.