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22 U.S.C. § 1641a — Claims funds
Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment; coverage into Treasury; deduction** There are created in the Treasury of the United States five funds to be known as the Bulgarian Claims Fund, the Hungarian Claims Fund, the Rumanian Claims Fund, the Italian Claims Fund, and the Soviet Claims Fund. The Secretary of the Treasury shall cover into each of the Hungarian, Rumanian, and Bulgarian Claims Funds, the funds attributable to the respective country or its nationals covered into the Treasury pursuant to subsections (a) and (b) of [section 1631a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1631a&num=0&edition=prelim). The Secretary of the Treasury shall cover into the Italian Claims Fund the sum of $5,000,000 paid to the United States by the Government of Italy pursuant to article II of the Memorandum of Understanding. The Secretary shall cover into the Treasury the funds collected by the United States pursuant to the Litvinov Assignment (including postal funds due prior to November 16, 1933, to the Union of Soviet Socialist Republics because of money orders certified to that country for payment) and shall cover into the Soviet Claims Fund the funds so covered into the Treasury. The Secretary shall deduct from each claims fund 5 per centum thereof as reimbursement to the Government of the United States for the expenses incurred by the Commission and by the Treasury Department in the administration of this subchapter. Such deduction shall be made before any payment is made out of such fund under [section 1641i of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1641i&num=0&edition=prelim). All amounts so deducted shall be covered into the Treasury to the credit of miscellaneous receipts.
**(b) Bulgarian and Ruman
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Source file: Laws/federal/codes/united-states-code/title-22/section-1641a-claims-funds--60400107f1.md
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Source location: Title 22, Chapter 21, § 1641a; chapter-021-settlement-of-international-claims.md
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**(a) Establishment; coverage into Treasury; deduction** There are created in the Treasury of the United States five funds to be known as the Bulgarian Claims Fund, the Hungarian Claims Fund, the Rumanian Claims Fund, the Italian Claims Fund, and the Soviet Claims Fund. The Secretary of the Treasury shall cover into each of the Hungarian, Rumanian, and Bulgarian Claims Funds, the funds attributable to the respective country or its nationals covered into the Treasury pursuant to subsections (a) and (b) of [section 1631a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1631a&num=0&edition=prelim). The Secretary of the Treasury shall cover into the Italian Claims Fund the sum of $5,000,000 paid to the United States by the Government of Italy pursuant to article II of the Memorandum of Understanding. The Secretary shall cover into the Treasury the funds collected by the United States pursuant to the Litvinov Assignment (including postal funds due prior to November 16, 1933, to the Union of Soviet Socialist Republics because of money orders certified to that country for payment) and shall cover into the Soviet Claims Fund the funds so covered into the Treasury. The Secretary shall deduct from each claims fund 5 per centum thereof as reimbursement to the Government of the United States for the expenses incurred by the Commission and by the Treasury Department in the administration of this subchapter. Such deduction shall be made before any payment is made out of such fund under [section 1641i of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1641i&num=0&edition=prelim). All amounts so deducted shall be covered into the Treasury to the credit of miscellaneous receipts.
**(b) Bulgarian and Rumanian fund** The Secretary of the Treasury shall cover into each of the Bulgarian and Rumanian Claims Funds such sums as may be paid by the Government of the respective country pursuant to the terms of any claims settlement agreement between the Government of the United States and the Government of such country.
**(c) Hungarian fund** The Secretary of the Treasury shall cover into the Hungarian Claims Fund, such sums as may be paid to the United States by the Government of Hungary pursuant to the terms of the United States Hungarian Claims Agreement of March 6, 1973.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Vesting of property; liquidation; disposition of net proceeds** In accordance with article 25 of the treaty of peace with Bulgaria, article 29 of the treaty of peace with Hungary, and article 27 of the treaty of peace with Rumania, any property which was blocked in accordance with Executive Order 8389 of April 10, 1940, as amended, and remains blocked on August 9, 1955, and which, as of September 15, 1947, was owned directly or indirectly by Bulgaria, Hungary, and Rumania or by any national thereof as defined in such Executive order, shall vest in such officer or agency as the President may from time to time designate and shall vest when, as, and upon such terms as the President or his designee shall direct. Such property shall be sold or otherwise liquidated as expeditiously as possible after vesting under such rules and regulations as the President or his designee may prescribe. The net proceeds remaining upon completion of the administration and liquidation thereof, including the adjudication of any suits or claims with respect thereto under sections 1631f and 1631g of this title, shall be covered into the Treasury. Notwithstanding the preceding provisions of this subsection, any such property determined by the President or his designee to be owned directly by a natural person shall not be vested under this subsection but shall remain blocked subject to release when, as, and upon such terms as the President or his designee may prescribe. If, at any time within one year from the date of the vesting of any property under this subsection, the President or his designee shall determine that it was directly owned at the date of vesting by a natural person, then the President or his designee shall divest such property and restore it to its blocked status prior to vest
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 1631a
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Manner of payment** The Secretary of the Treasury shall make payments on account of awards certified by the Commission pursuant to this subchapter as follows:
(1) Payment in full of the principal amount of each award made pursuant to [section 1641d(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1641d/a/1&num=0&edition=prelim) and each award of $1,000 or less made pursuant to section 1641b or 1641c of this title;
(2) Payment in full of the principal amount of each award of $1,000 or less made pursuant to [section 1641d(a)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1641d/a/2&num=0&edition=prelim);
(3) Payment in the amount of $1,000 on account of the principal of each award of more than $1,000 in amount made pursuant to section 1641b, 1641c, or 1641d(a)(2) of this title;
(4) After completing the payments under the preceding paragraphs of this subsection from any one fund, payments from time to time, in ratable proportions, on account of the then unpaid principal of all awards in the principal amount of more than $1,000, according to the proportions which the unpaid principal of such awards bear to the total amount in the fund available for distribution on account of such awards at the time such payments are made;
(5) After payment has been made in full of the principal amounts of all awards from any one fund, pro rata payments from the remainder of such fund then available for distribution on account of accrued interest on such awards as bear interest;
(6) Whenever the Commission is authorized to settle claims by the enactment of paragraph (4) of [section 1641b of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1641b&num=
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 1641i
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Claims not provided for in peace treaty** The Commission shall receive and determine, in accordance with the Memorandum of Understanding and applicable substantive law, including international law, the validity and amount of claims of nationals of the United States against the government of Italy arising out of the war in which Italy was engaged from June 10, 1940, to September 15, 1947, and with respect to which provision was not made in the treaty of peace with Italy. Upon payment of the principal amounts (without interest) of all awards from the Italian Claims Fund created pursuant to [section 1641a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1641a&num=0&edition=prelim), the Commission shall determine the validity and amount of any claim under this section by any natural person who was a citizen of the United States on August 9, 1955 and shall, in the event an award is issued pursuant to such claim, certify the same to the Secretary of the Treasury for payment out of remaining balances in the Italian Claims Fund in accordance with the provisions of [section 1641i of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1641i&num=0&edition=prelim), notwithstanding that the period of time prescribed in section 1641o of this title for the settlement of all claims under this section may have expired.
**(b) Individuals who fail to file claims** The Commission shall receive and determine, or redetermine, as the case may be, in accordance with applicable substantive law, including international law, the validity and amounts of claims owned by person who were eligible to file claims under the first sentence of subsection (a) of this section on August 9, 1955, but failed to file such claim
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 1641c
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Federal law — U.S. Code and appendices · legal_authorities
All payments authorized under this subchapter shall be disbursed exclusively from the claims fund attributable to the country with respect to which the claims are allowed pursuant to this subchapter. All amounts covered into the Treasury to the credit of the claims funds created by [section 1641a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1641a&num=0&edition=prelim) are hereby permanently appropriated for the making of the payments authorized under this subchapter.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 1641h
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Federal law — U.S. Code and appendices · legal_authorities
Page 418
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 1641
to special wartime measures directed against it
because of the enemy character of some or all of
its stockholders; and no certificate by the De-
partment of State as provided under section
1631f(c) of this title shall be required for such
persons.
(b) Notice of claim; time of claim; fund for pay-
ment
An interest in property vested under the Trad-
ing With the Enemy Act, as amended, as the
property of a corporation organized under the
laws of Bulgaria, Hungary, or Rumania shall be
subject to return under subsection (a) of this
section only if a notice of claim for the return
of any such interest has been timely filed under
the provisions of section 4330 of Title 50, pro-
vided that application may be made therefore
within six months after July 24, 1968. In the
event such interest has been liquidated and the
net proceeds thereof transferred to the Bul-
garian Claims Fund, Hungarian Claims Fund, or
Rumanian Claims Fund, the net proceeds of any
other interest representing vested property held
in the United States Treasury may be used for
the purpose of making the return hereunder.
(c) Finality of determination
Determinations by the designee of the Presi-
dent or any other officer or agency with respect
to claims under this section, including the al-
lowance or disallowance thereof, shall be final
and shall not be subject to review by any court.
(Mar. 10, 1950, ch. 54, title II, § 216, as added Pub.
L. 90–421, § 1(7), July 24, 1968, 82 Stat. 421.)
Editorial Notes
REFERENCES IN TEXT
The Trading With the Enemy Act, as amended, re-
ferred to in subsecs. (a) and (b), is act Oct. 6, 1917, ch.
106, 40 Stat. 411, which is classified generally to chapter
53 (§ 4301 et seq.) of Title 50, War and
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 1641a
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