22 U.S.C. § 1641f — Amount of award

submitted 76 years ago by ch. 54 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 67 words · no verdicts yet

in plain englishAI-generated · not legal advice

An award to a United States national who acquired someone else’s claim is limited to the lesser of two possible amounts. The relevant amounts are what that person last actually paid before 1953 or after 1953 and before filing.

For an award under this subchapter based on a claim held by a United States national other than the person to whom the claim originally belonged, the award may not exceed the lower of: the actual consideration last paid for the claim before January 1, 1953; or the actual consideration last paid between that date and the filing of the claim.

the actual law source: uscode.house.gov ↗public domain

The amount of any award made pursuant to this subchapter based on a claim of a national of the United States other than the national of the United States to whom the claim originally accrued shall not exceed the amount of the actual consideration last paid therefor either prior to January 1, 1953, or between that date and the filing of the claim, whichever is less.

Source credit: (Mar. 10, 1950, ch. 54, title III, § 307, as added Aug. 9, 1955, ch. 645, § 3, 69 Stat. 573.)

history & why it existsrecord from the source credit

1950Enacted · Act of Mar. 10, 1950, ch. 54 · 69 Stat. 573

A history note hasn’t been published yet. The record shows enactment by ch. 54 on 1950-03-10.

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