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50 U.S.C. § 4135 — Claims of stockholders

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

50 U.S.C. § 4135 — Claims of stockholders

**(a) Ownership interest in entity which is a national of the United States** A claim under [section 4132 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4132&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) Ownership interest in entity which was not a national of the United States on date of loss** A claim under [section 4132 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4132&num=0&edition=prelim), based upon a direct ownership interest in a corporation, association, or other entity which suffered a loss within the meaning of said section, shall be allowed, subject to other provisions of this subchapter, if such corporation, association, or other entity on the date of the loss 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 interest; minimum requirement** A claim under [section 4132 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4132&num=0&edition=prelim), based upon an indirect ownership interest in a corporation, association, or other entity which suffered a loss within the meaning of said section, 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 loss was vested in nationals of the United States. **(d) Calculation 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

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Stable record: federal_law:legal_authorities:record_usc_bd8cc0ba26778ead4f1659b8
Source file: Laws/federal/codes/united-states-code/title-50/section-4135-claims-of-stockholders--11dc01e19c.md
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Source location: Title 50, Chapter 51, § 4135; chapter-051-war-claims.md

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**(a) Ownership interest in entity which is a national of the United States** A claim under [section 4132 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4132&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) Ownership interest in entity which was not a national of the United States on date of loss** A claim under [section 4132 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4132&num=0&edition=prelim), based upon a direct ownership interest in a corporation, association, or other entity which suffered a loss within the meaning of said section, shall be allowed, subject to other provisions of this subchapter, if such corporation, association, or other entity on the date of the loss 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 interest; minimum requirement** A claim under [section 4132 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4132&num=0&edition=prelim), based upon an indirect ownership interest in a corporation, association, or other entity which suffered a loss within the meaning of said section, 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 loss was vested in nationals of the United States. **(d) Calculation 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

50 U.S.C. § 4132 — Claims authorized

The Commission is directed to receive and to determine according to the provisions of this subchapter the validity and amount of claims of nationals of the United States for— **(a)** loss or destruction of, or physical damage to, property located in Albania, Austria, Czechoslovakia, the Free Territory of Danzig, Estonia, Germany, Greece, Latvia, Lithuania, Poland, or Yugoslavia, or in territory which was part of Hungary or Rumania on December 1, 1937, but which was not included in such countries on September 15, 1947, which loss, destruction, or physical damage occurred during the period beginning September 1, 1939, and ending May 8, 1945, or which occurred in the period beginning July 1, 1937, and ending September 2, 1945, to property in territory occupied or attacked by the Imperial Japanese military forces (including territory to which Japan has renounced all right, title, and claim under article 2 of the Treaty of Peace Between the Allied Powers and Japan) except the island of Guam: Provided, That claims for loss, destruction, or damage occurring in the Commonwealth of the Philippines shall not be allowed except on behalf of nationals of the United States who have received no payment, and certify under oath or affirmation that they have received no payment, on account of the same loss, destruction, or damage under the Philippine Rehabilitation Act of 1946,11 See References in Text note below. whether or not claim was filed thereunder: Provided further, That such loss, destruction, or damage must have occurred, as a direct consequence of (1) military operations of war or (2) special measures directed against property in such countries or territories during the respective periods specified, because of the enemy or alleged enemy character of the owner, which property

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

50 U.S.C. § 4135 — Claims of stockholders

Page 1039 TITLE 50—WAR AND NATIONAL DEFENSE § 4136 § 4134. Nationality of claimants No claim shall be allowed under subsection (a), (b), or (c) of section 4132 of this title unless the property upon which it is based was owned by a national or nationals of the United States on the date of loss, damage, or destruction and un- less the claim was owned by a national or na- tionals of the United States continuously there- after until the date of filing with the Commis- sion pursuant to this subchapter. Where any per- son who lost United States citizenship solely by reason of marriage to a citizen or subject of a foreign country reacquired such citizenship be- fore October 22, 1962, then if such individual, but for such marriage would have been a national of the United States at all times on and after the date of such loss, damage, or destruction until the filing of the claim, such individual shall be treated for all purposes of this subchapter as having been a national of the United States at all such times. (July 3, 1948, ch. 826, title II, § 204, as added Pub. L. 87–846, title I, § 103, Oct. 22, 1962, 76 Stat. 1109.) Editorial Notes CODIFICATION Section was formerly classified to section 2017c of the former Appendix to this title prior to editorial reclassi- fication and renumbering as this section. § 4135. Claims of stockholders (a) Ownership interest in entity which is a na- tional of the United States A claim under section 4132 of this title based upon an ownership interest in any corporation, association, or other entity which is a national of the United States shall be denied. (b) Ownership interest in entity which was not a national of the United States on date of loss A claim under section 4132 of this title, based upon a direct ownersh

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