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22 U.S.C. § 1642Definitions

submitted 76 years ago by Pub. L. 85-604 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 132 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section defines “National of the United States,” “Commission,” and “Property” for this subchapter. The definition of national excludes aliens.

As used in this subchapter— (1) “National of the United States” means (A) a natural person who is a citizen of the United States, or who owes permanent allegiance to the United States, and (B) a corporation or other legal entity which is organized under the laws of the United States, any State or Territory of it, or the District of Columbia, if natural persons who are nationals of the United States own, directly or indirectly, more than 50 percent of the outstanding capital stock or other beneficial interest in such legal entity. It does not include aliens. (2) “Commission” means the Foreign Claims Settlement Commission of the United States, established, pursuant to Reorganization Plan Number 1 of 1954 ( 68 Stat. 1279 ). (3) “Property” means any property, right, or interest.
the actual law source: uscode.house.gov ↗public domain

As used in this subchapter—

(1)

“National of the United States” means (A) a natural person who is a citizen of the United States, or who owes permanent allegiance to the United States, and (B) a corporation or other legal entity which is organized under the laws of the United States, any State or Territory thereof, or the District of Columbia, if natural persons who are nationals of the United States own, directly or indirectly, more than 50 per centum of the outstanding capital stock or other beneficial interest in such legal entity. It does not include aliens. (2) “Commission” means the Foreign Claims Settlement Commission of the United States, established, pursuant to Reorganization Plan Number 1 of 1954 (68 Stat. 1279). (3) “Property” means any property, right, or interest.

Source credit: (Mar. 10, 1950, ch. 54, title IV, § 401, as added Pub. L. 85–604, § 1, Aug. 8, 1958, 72 Stat. 527.)

history & why it existsrecord from the source credit
  • 1950Enacted · Pub. L. 85-604 · 72 Stat. 527

A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-604 on 1950-03-10.

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