When a veteran’s note is redeemed by the Department of Veterans Affairs, the note will be canceled and both the note and certificate will be retained in the files of the Department of Veterans Affairs until such time as settlement is made.

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Terms Used In 38 CFR 11.88

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
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 Disposition of Notes Secured by Adjusted Certificates Redeemed from Banks by the Department of Veterans Affairs Under Section 502 of the World War Adjusted Compensation Act, as Amended (Pub. L. 120, 68th Cong.) Contents