§ 1631o. — Eligibility for return of interest in property.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC1631o]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 21--SETTLEMENT OF INTERNATIONAL CLAIMS
SUBCHAPTER II--VESTING AND LIQUIDATION OF BULGARIAN, HUNGARIAN, AND
RUMANIAN PROPERTY
Sec. 1631o. Eligibility for return of interest in property
(a) Persons eligible; determination; prerequisites
Notwithstanding any other provision of this chapter or any provision
of the Trading With the Enemy Act, as amended, any person (1) who was
formerly a national of Bulgaria, Hungary, or Rumania, and (2) who, as a
consequence of any law, decree, or regulation of the nation of which he
was a national discriminating against political, racial or religious
groups, at no time between December 7, 1941, and the time when such law,
decree, or regulation was abrogated enjoyed full rights of citizenship
under the law of such nation, shall be eligible hereunder to receive the
return of his interest in property which was vested under section
1631a(a) of this title or under the Trading With the Enemy Act, as
amended, as the property of a corporation organized under the laws of
Bulgaria, Hungary, or Rumania if 25 per centum or more of the
outstanding capital stock of such corporation was owned at the date of
vesting by such persons and nationals of countries other than Bulgaria,
Hungary, Rumania, Germany, or Japan, or if such corporation was
subjected after December 7, 1941, under the laws of its country, to
special wartime measures directed against it because of the enemy
character of some or all of its stockholders; and no certificate by the
Department of State as provided under section 1631f(c) of this title
shall be required for such persons.
(b) Notice of claim; time of claim; fund for payment
An interest in property vested under the Trading With the Enemy Act,
as amended, as the property of a corporation organized under the laws of
Bulgaria, Hungary, or Rumania shall be subject to return under
subsection (a) of this section only if a notice of claim for the return
of any such interest has been timely filed under the provisions of
section 33 of Title 50 Appendix, provided that application may be made
therefore within six months after July 24, 1968. In the event such
interest has been liquidated and the net proceeds thereof transferred to
the Bulgarian Claims Fund, Hungarian Claims Fund, or Rumanian Claims
Fund, the net proceeds of any other interest representing vested
property held in the United States Treasury may be used for the purpose
of making the return hereunder.
(c) Finality of determination
Determinations by the designee of the President or any other officer
or agency with respect to claims under this section, including the
allowance or disallowance thereof, shall be final and shall not be
subject to review by any court.
(Mar. 10, 1950, ch. 54, title II, Sec. 216, as added Pub. L. 90-421,
Sec. 1(7), July 24, 1968, 82 Stat. 421.)
References in Text
The Trading With the Enemy Act, as amended, referred to in subsecs.
(a) and (b), is act Oct. 6, 1917, ch. 106, 40 Stat. 411, as amended,
which is classified to sections 1 to 6, 7 to 39 and 41 to 44 of Title
50, Appendix, War and National Defense. For complete classification of
this Act to the Code, see Tables.
Section Referred to in Other Sections
This section is referred to in section 1631f of this title.
