§ 1642c. — Determination of validity and amount of claims.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC1642c]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 21--SETTLEMENT OF INTERNATIONAL CLAIMS
SUBCHAPTER IV--CLAIMS AGAINST CZECHOSLOVAKIA
Sec. 1642c. Determination of validity and amount of claims
The Commission shall determine in accordance with applicable
substantive law, including international law, the validity and amount of
claims by nationals of the United States against the Government of
Czechoslovakia for losses resulting from the nationalization or other
taking on and after January 1, 1945, of property including any rights or
interests therein owned at the time by nationals of the United States,
subject, however, to the terms and conditions of an applicable claims
agreement, if any, concluded between the Governments of Czechoslovakia
and the United States within one year following August 8, 1958. In
making the determination with respect to the validity and amount of
claims and value of properties, rights, or interests taken, the
Commission is authorized to accept the fair or proved value of the said
property, right, or interest as of a time when the property or business
enterprise taken, was last operated, used, managed or controlled by the
national or nationals of the United States asserting the claim
irrespective of whether such date is prior to the actual date of
nationalization or taking by the Government of Czechoslovakia.
(Mar. 10, 1950, ch. 54, title IV, Sec. 404, as added Pub. L. 85-604,
Sec. 1, Aug. 8, 1958, 72 Stat. 528.)
Section Referred to in Other Sections
This section is referred to in sections 1642b, 1642d, 1642e, 1642g,
1642h of this title.
