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22 U.S.C. § 1642e — Claims based on ownership interest in corporations or other legal entities

Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 1642e — Claims based on ownership interest in corporations or other legal entities

**(a) Nationals of United States** A claim under [section 1642c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1642c&num=0&edition=prelim), based upon an ownership interest in any corporation, association, or other entity which is a national of the United States shall be denied. **(b) Direct ownership** A claim under [section 1642c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1642c&num=0&edition=prelim), based upon a direct ownership interest in a corporation, association, or other entity for loss by reason of the nationalization or other taking of such corporation, association, or other entity, or the property thereof, shall be allowed, subject to other provisions of this subchapter, if such corporation, association, or other entity on the date of the nationalization or other taking was not a national of the United States, without regard to the per centum of ownership vested in the claimant in any such claim. **(c) Indirect ownership** A claim under [section 1642c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1642c&num=0&edition=prelim), based upon an indirect ownership interest in a corporation, association, or other entity for loss by reason of the nationalization or other taking of such corporation, association, or other entity, or the property thereof, shall be allowed, subject to other provisions of this subchapter, only if at least 25 per centum of the entire ownership interest thereof at the time of such nationalization or other taking was vested in nationals of the United States. **(d) Computation of award** Any award on a claim under subsection (b) or (c) of this section shall be calculated on the basis of the total loss suf

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Stable record: federal_law:legal_authorities:record_usc_8b8a242c7b71ba5d25513035
Source file: Laws/federal/codes/united-states-code/title-22/section-1642e-claims-based-on-ownership-interest-in-corporations-or-other-legal-entiti--1447b57eef.md
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Passage SHA-256: 9bfe94f3eca8b29a52a15c8da7d805a5b0509271e5e30acbd4fb2c03c9ab7500

Source location: Title 22, Chapter 21, § 1642e; chapter-021-settlement-of-international-claims.md

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**(a) Nationals of United States** A claim under [section 1642c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1642c&num=0&edition=prelim), based upon an ownership interest in any corporation, association, or other entity which is a national of the United States shall be denied. **(b) Direct ownership** A claim under [section 1642c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1642c&num=0&edition=prelim), based upon a direct ownership interest in a corporation, association, or other entity for loss by reason of the nationalization or other taking of such corporation, association, or other entity, or the property thereof, shall be allowed, subject to other provisions of this subchapter, if such corporation, association, or other entity on the date of the nationalization or other taking was not a national of the United States, without regard to the per centum of ownership vested in the claimant in any such claim. **(c) Indirect ownership** A claim under [section 1642c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1642c&num=0&edition=prelim), based upon an indirect ownership interest in a corporation, association, or other entity for loss by reason of the nationalization or other taking of such corporation, association, or other entity, or the property thereof, shall be allowed, subject to other provisions of this subchapter, only if at least 25 per centum of the entire ownership interest thereof at the time of such nationalization or other taking was vested in nationals of the United States. **(d) Computation of award** Any award on a claim under subsection (b) or (c) of this section shall be calculated on the basis of the total loss suffered by such corporation, association, or other entity, and shall bear the same proportion to such loss as the ownership interest of the claimant bears to the entire ownership interest thereof.

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 1642c — Determination of validity and amount of claims

The Commission shall determine in accordance with applicable substantive law, including international law, the validity and amount of claims by nationals of the United States against the Government of Czechoslovakia for losses resulting from the nationalization or other taking on and after January 1, 1945, of property including any rights or interests therein owned at the time by nationals of the United States, subject, however, to the terms and conditions of an applicable claims agreement, if any, concluded between the Governments of Czechoslovakia and the United States within one year following August 8, 1958. In making the determination with respect to the validity and amount of claims and value of properties, rights, or interests taken, the Commission is authorized to accept the fair or proved value of the said property, right, or interest as of a time when the property or business enterprise taken, was last operated, used, managed or controlled by the national or nationals of the United States asserting the claim irrespective of whether such date is prior to the actual date of nationalization or taking by the Government of Czechoslovakia.

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 1642e — Claims based on ownership interest in

Page 428 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 1642c Editorial Notes AMENDMENTS 1992—Pub. L. 102–572 substituted ‘‘United States Court of Federal Claims’’ for ‘‘United States Claims Court’’. 1982—Pub. L. 97–164 substituted ‘‘Claims Court’’ for ‘‘Court of Claims’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1992 AMENDMENT Amendment by Pub. L. 102–572 effective Oct. 29, 1992, see section 911 of Pub. L. 102–572, set out as a note under section 171 of Title 28, Judiciary and Judicial Procedure. EFFECTIVE DATE OF 1982 AMENDMENT Amendment by Pub. L. 97–164 effective Oct. 1, 1982, see section 402 of Pub. L. 97–164, set out as a note under section 171 of Title 28, Judiciary and Judicial Proce- dure. § 1642c. Determination of validity and amount of claims The Commission shall determine in accord- ance with applicable substantive law, including international law, the validity and amount of claims by nationals of the United States against the Government of Czechoslovakia for losses re- sulting from the nationalization or other taking on and after January 1, 1945, of property includ- ing any rights or interests therein owned at the time by nationals of the United States, subject, however, to the terms and conditions of an ap- plicable claims agreement, if any, concluded be- tween the Governments of Czechoslovakia and the United States within one year following Au- gust 8, 1958. In making the determination with respect to the validity and amount of claims and value of properties, rights, or interests taken, the Commission is authorized to accept the fair or proved value of the said property, right, or in- terest as of a time when the property or business enterprise taken, was last operated, used, man- aged or controlled by the nat

Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 1642e

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