[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: 38CFR11.93]

[Page 544]
 
            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.  11.93  Failure to redeem.

    (a) If the veteran fails to redeem his certificate before its 
maturity there will be deducted from the face value of the certificate 
the amount of the unpaid principal of the note of the veteran and the 
unpaid interest thereon through September 30, 1931.
    (b) If the veteran failed to redeem his certificate and died prior 
to January 27, 1936, there will be deducted from the face value of the 
certificate the amount of the unpaid principal of the veteran's note and 
the unpaid interest thereon to the date of his death. If the veteran 
died on or after January 27, 1936, the amount to be deducted when making 
settlement will be the unpaid principal of the veteran's note and the 
unpaid interest thereon through September 30, 1931.

 Department of Veterans Affairs Loans on Adjusted Service Certificates 
Under Section 502 of the World War Adjusted Compensation Act, as Amended

    Source: 13 FR 7126, Nov. 27, 1948, unless otherwise noted.