§ 1631b. — Cancellation and issuance of shares of stock or other beneficial interest in corporation.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC1631b]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 21--SETTLEMENT OF INTERNATIONAL CLAIMS
SUBCHAPTER II--VESTING AND LIQUIDATION OF BULGARIAN, HUNGARIAN, AND
RUMANIAN PROPERTY
Sec. 1631b. Cancellation and issuance of shares of stock or
other beneficial interest in corporation
Whenever shares of stock or other beneficial interest in any
corporation, association, or company or trust are vested in any officer
or agency designated by the President under this subchapter, it shall be
the duty of the corporation, association, or company or trustee or
trustees issuing such shares or any certificates or other instruments
representing the same or any other beneficial interest to cancel such
shares of stock or other beneficial interest upon its, his, or their
books and in lieu thereof to issue certificates or other instruments for
such shares or other beneficial interest to the designee of the
President, or otherwise as such designee shall require.
(Mar. 10, 1950, ch. 54, title II, Sec. 203, as added Aug. 9, 1955, ch.
645, Sec. 3, 69 Stat. 563.)
