§ 1631l. — Determination of expenses and time for filing suit, notice of claim and debt claim.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC1631l]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 21--SETTLEMENT OF INTERNATIONAL CLAIMS
SUBCHAPTER II--VESTING AND LIQUIDATION OF BULGARIAN, HUNGARIAN, AND
RUMANIAN PROPERTY
Sec. 1631l. Determination of expenses and time for filing suit,
notice of claim and debt claim
Prior to covering the net proceeds of liquidation of any property
into the Treasury pursuant to section 1631a(a) of this title, the
designee of the President under this subchapter shall determine--
(1) the amount of his administrative expenses attributable to
the performance of his functions under this subchapter with respect
to such property and the proceeds thereof. The amount so determined,
together with an amount not exceeding that expended or incurred for
the conservation, preservation, or maintenance of such property and
the proceeds thereof, and for taxes in respect of same, shall be
deducted and retained by the designee from the proceeds otherwise
covered into the Treasury; and
(2) that the time for the institution of a suit under section
1631f(a) of this title, for the filing of a notice of claim under
section 1631f(b) of this title, and for the filing of debt claims
under section 1631g of this title has elapsed.
The determinations of the designee under this section shall be final and
conclusive.
(Mar. 10, 1950, ch. 54, title II, Sec. 213, as added Aug. 9, 1955, ch.
645, Sec. 3, 69 Stat. 570.)
