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50 U.S.C. § 4141 — Claims settlement period

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

50 U.S.C. § 4141 — Claims settlement period

The Commission shall complete its affairs in connection with the settlement of claims pursuant to this subchapter not later than four years following the enactment of legislation making appropriations to the Commission for payment of administrative expenses incurred in carrying out its functions under this subchapter.

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Stable record: federal_law:legal_authorities:record_usc_913a5bd5eb67f4aca377b28b
Source file: Laws/federal/codes/united-states-code/title-50/section-4141-claims-settlement-period--672b97c9c8.md
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Source location: Title 50, Chapter 51, § 4141; chapter-051-war-claims.md

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The Commission shall complete its affairs in connection with the settlement of claims pursuant to this subchapter not later than four years following the enactment of legislation making appropriations to the Commission for payment of administrative expenses incurred in carrying out its functions under this subchapter.

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

22 U.S.C. § 1623 — Claims

**(a) Jurisdiction of Commission; bases for determination; fair market value** (1) The Commission shall have jurisdiction to receive, examine, adjudicate, and render a final decision with respect to any claim of the Government of the United States or of any national of the United States— (A) included within the terms of the Yugoslav Claims Agreement of 1948; (B) included within the terms of any claims agreement concluded on or after March 10, 1954, between the Government of the United States and a foreign government (exclusive of governments against which the United States declared the existence of a state of war during World War II) similarly providing for the settlement and discharge of claims of the Government of the United States and of nationals of the United States against a foreign government, arising out of the nationalization or other taking of property, by the agreement of the Government of the United States to accept from that government a sum in en bloc settlement thereof; or (C) included in a category of claims against a foreign government which is referred to the Commission by the Secretary of State. (2) In the decision of claims under this subchapter, the Commission shall apply the following in the following order: (A) The provisions of the applicable claims agreement as provided in this subsection. (B) The applicable principles of international law, justice, and equity. In determining the value of a claim under international law, the Commission shall award the fair market value of the property as of the time of the taking by the foreign government involved (without regard to any action or event that occurs after the taking), except that the value of the claim shall not reflect any diminution in value attributable to actions which are car

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

50 U.S.C. § 4140 — Claim filing period

Within sixty days after the enactment of this subchapter or of legislation making appropriations to the Commission for payment of administrative expenses incurred in carrying out its functions under this subchapter, whichever date is later, the Commission shall give public notice by publication in the Federal Register of the time when, and the limit of time within which claims may be filed, which limit shall not be more than eighteen months after such publication.

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

50 U.S.C. § 4143 — Payment of awards; priorities; limitations

**(a) Order of priority of payments** The Secretary of the Treasury shall pay out of the War Claims Fund on account of awards certified by the Commission pursuant to this subchapter as follows and in the following order of priority: (1) Payment in full of awards made pursuant to section 4132(d)(1) and (2) of this title, and thereafter of any award made pursuant to [section 4132(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4132/a&num=0&edition=prelim) to any claimant (A) certified to the Commission by the Small Business Administration as having been, on the date of loss, damage, or destruction, a small business concern within the meaning now set forth in the Small Business Act, as amended [[15 U.S.C. 631](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section631&num=0&edition=prelim) et seq.], or (B) determined by the Commission to have been, on the date of loss, damage, or destruction, a nonprofit organization operated exclusively for the promotion of social welfare, religious, charitable, or educational purposes. (2) Thereafter, payments from time to time on account of the other awards made pursuant to [section 4132 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4132&num=0&edition=prelim) in an amount which shall be the same for each award or in the amount of the award, whichever is less. The total payment made pursuant to this paragraph on account of any award shall not exceed $10,000. (3) Thereafter, payments from time to time on account of the other awards made to individuals and corporations pursuant to [section 4132 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4132&num=0&edition=prelim) and not compensa

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

50 U.S.C. § 4141 — Claims settlement period

Page 1041 TITLE 50—WAR AND NATIONAL DEFENSE § 4143 Statutory Notes and Related Subsidiaries PROTESTS RELATING TO AWARDS BY COMMISSION; NOTICE BY PUBLICATION IN FEDERAL REGISTER Notwithstanding the provisions of this section and section 4141 of this title, receipt and consideration of filed and published protests relating to awards made by the Foreign Claims Settlement Commission which re- sult in modification of such awards shall be certified and paid by the Secretary of the Treasury out of the War Claims Fund in accordance with section 4143 of this title. See section 615 of act Mar. 10, 1950, ch. 54, as added by Pub. L. 94–542, Oct. 18, 1976, 90 Stat. 2512, set out as a note under section 1623 of Title 22, Foreign Re- lations and Intercourse. § 4141. Claims settlement period The Commission shall complete its affairs in connection with the settlement of claims pursu- ant to this subchapter not later than four years following the enactment of legislation making appropriations to the Commission for payment of administrative expenses incurred in carrying out its functions under this subchapter. (July 3, 1948, ch. 826, title II, § 211, as added Pub. L. 87–846, title I, § 103, Oct. 22, 1962, 76 Stat. 1111.) Editorial Notes CODIFICATION Section was formerly classified to section 2017j of the former Appendix to this title prior to editorial reclassi- fication and renumbering as this section. Statutory Notes and Related Subsidiaries PROTESTS RELATING TO AWARDS BY COMMISSION; NOTICE BY PUBLICATION IN FEDERAL REGISTER Notwithstanding the provisions of this section and section 4140 of this title, receipt and consideration of filed and published protests relating to awards made by the Foreign Claims Settlement Commission which re- sult in modification o

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