22 U.S.C. § 1645f — Certifications; assigned claims
submitted 76 years ago by Pub. L. 96-606 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 113 words · no verdicts yet
The Commission must certify each claimant’s covered loss to the claimant and the Secretary of State, with supporting information, evidence, and reasoning. For a claim assigned by purchase, the award may not exceed the amount the assignor paid for the claim, subject to the section’s stated rule.
(a) The Commission* must certify to each claimant who files a claim under this subchapter the amount determined by the Commission to be the loss 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 making that determination.
(b) In any case in which a claim under this subchapter is assigned by purchase before the Commission determines the amount due on that claim, the amount so determined must not exceed the amount of actual consideration paid by the last such assignee.
The Commission* shall certify to each claimant who files a claim under this subchapter the amount determined by the Commission to be the loss 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 making that determination.
In any case in which a claim under this subchapter is assigned by purchase before the Commission determines the amount due on that claim, the amount so determined shall not exceed the amount of actual consideration paid by the last such assignee.
Source credit: (Mar. 10, 1950, ch. 54, title VII, § 707, as added Pub. L. 96–606, Dec. 28, 1980, 94 Stat. 3536.)
- 1950Enacted · Pub. L. 96-606 · 94 Stat. 3536
A history note hasn’t been published yet. The record shows enactment by Pub. L. 96-606 on 1950-03-10.
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