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50 U.S.C. § 4324 — Return by Custodian, to United States, of payments under licenses, assignments or sales of patents

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

50 U.S.C. § 4324 — Return by Custodian, to United States, of payments under licenses, assignments or sales of patents

The Alien Property Custodian is authorized and directed to return to the United States any consideration paid to him by the United States under any license, assignment, or sale by the Alien Property Custodian to the United States of any patent (or any right therein or claim thereto, and including an application therefor and any patent issued pursuant to any such application).

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Source file: Laws/federal/codes/united-states-code/title-50/section-4324-return-by-custodian-to-united-states-of-payments-under-licenses-assignme--3f7324fb10.md
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Source location: Title 50, Chapter 53, § 4324; chapter-053-trading-with-the-enemy.md

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

50 U.S.C. § 4309 — Claims to property transferred to custodian; notice of claim; filing; return of property; suits to recover; sale of claimed property in time of war or during national emergency

**(a) In general** Any person not an enemy or ally of enemy claiming any interest, right, or title in any money or other property which may have been conveyed, transferred, assigned, delivered, or paid to the Alien Property Custodian or seized by him hereunder and held by him or by the Treasurer of the United States, or to whom any debt may be owing from an enemy or ally of enemy whose property or any part thereof shall have been conveyed, transferred, assigned, delivered, or paid to the Alien Property Custodian or seized by him hereunder and held by him or by the Treasurer of the United States may file with the said custodian a notice of his claim under oath and in such form and containing such particulars as the said custodian shall require; and the President, if application is made therefor by the claimant, may order the payment, conveyance, transfer, assignment, or delivery to said claimant of the money or other property so held by the Alien Property Custodian or by the Treasurer of the United States, or of the interest therein to which the President shall determine said claimant is entitled: Provided, That no such order by the President shall bar any person from the prosecution of any suit at law or in equity against the claimant to establish any right, title, or interest which he may have in such money or other property. If the President shall not so order within sixty days after the filing of such application or if the claimant shall have filed the notice as above required and shall have made no application to the President, said claimant may institute a suit in equity in the United States District Court for the District of Columbia or in the district court of the United States for the district in which such claimant resides, or, if a corporation, where it has it

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

50 U.S.C. § 4324 — Return by Custodian, to United States, of

Page 1086 TITLE 50—WAR AND NATIONAL DEFENSE § 4324 tion, including the expenses of making the allo- cation. (Oct. 6, 1917, ch. 106, § 26, as added Mar. 10, 1928, ch. 167, § 15, 45 Stat. 273; amended June 11, 1929, ch. 14, 46 Stat. 6.) Editorial Notes REFERENCES IN TEXT Section 4 of the Settlement of War Claims Act of 1928, referred to in subsec. (c), is section 4 of act Mar. 10, 1928, ch. 167, 45 Stat. 260, which is not classified to the Code. CODIFICATION Section was formerly classified to section 26 of the former Appendix to this title prior to editorial reclassi- fication and renumbering as this section. AMENDMENTS 1929—Subsec. (a). Act June 11, 1929, struck out ‘‘aver- age rate of’’ before ‘‘earnings’’ in second sentence. Executive Documents TRANSFER OF FUNCTIONS Functions vested by law in Alien Property Custodian and Office of Alien Property Custodian transferred to Attorney General by Reorg. Plan No. 1 of 1947, § 101, eff. July 1, 1947, 12 F.R. 4534, 61 Stat. 951, set out in the Ap- pendix to Title 5, Government Organization and Em- ployees. § 4324. Return by Custodian, to United States, of payments under licenses, assignments or sales of patents The Alien Property Custodian is authorized and directed to return to the United States any consideration paid to him by the United States under any license, assignment, or sale by the Alien Property Custodian to the United States of any patent (or any right therein or claim thereto, and including an application therefor and any patent issued pursuant to any such ap- plication). (Oct. 6, 1917, ch. 106, § 27, as added Mar. 10, 1928, ch. 167, § 15, 45 Stat. 274.) Editorial Notes CODIFICATION Section was formerly classified to section 27 of the former Appendix to this title prior to editorial

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