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22 U.S.C. § 1643f — Action of Commission with respect to claims

submitted 76 years ago by Pub. L. 88-666 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 149 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Commission must certify the determined loss or damage and provide supporting information to the Secretary of State. An assignee who bought a claim cannot receive more than the consideration actually paid.

(a) Certification of amounts The Commission must certify to each individual who has filed a claim under this subchapter the amount determined by the Commission to be the loss or damage suffered by the claimant which is covered by this subchapter. The Commission must certify to the Secretary of State such amount and the basic information underlying that amount, together with a statement of the evidence relied upon and the reasoning employed in reaching its decision. (b) Limitation on amount of claims of assignees The amount determined to be due on any claim of an assignee who acquires the same by purchase must not exceed (or, in the case of any such acquisition subsequent to the date of the determination, must not be deemed to have exceeded) the amount of the actual consideration paid by such assignee, or in case of successive assignments of a claim by any assignee.

the actual law source: uscode.house.gov ↗public domain
(a) Certification of amounts

The Commission shall certify to each individual who has filed a claim under this subchapter the amount determined by the Commission to be the loss or damage suffered by the claimant which is covered by this subchapter. The Commission shall certify to the Secretary of State such amount and the basic information underlying that amount, together with a statement of the evidence relied upon and the reasoning employed in reaching its decision.

(b) Limitation on amount of claims of assignees

The amount determined to be due on any claim of an assignee who acquires the same by purchase shall not exceed (or, in the case of any such acquisition subsequent to the date of the determination, shall not be deemed to have exceeded) the amount of the actual consideration paid by such assignee, or in case of successive assignments of a claim by any assignee.

Source credit: (Mar. 10, 1950, ch. 54, title V, § 507, as added Pub. L. 88–666, Oct. 16, 1964, 78 Stat. 1112.)

history & why it existsrecord from the source credit
  • 1950Enacted · Pub. L. 88-666 · 78 Stat. 1112

A history note hasn’t been published yet. The record shows enactment by Pub. L. 88-666 on 1950-03-10.

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