Title 22Foreign Relations and IntercourseRelease 119-73

§1631d Acquittance and discharge of obligation

Title 22 › Chapter CHAPTER 21— - SETTLEMENT OF INTERNATIONAL CLAIMS › Subchapter SUBCHAPTER II— - VESTING AND LIQUIDATION OF BULGARIAN, HUNGARIAN, AND RUMANIAN PROPERTY › § 1631d

Last updated Apr 6, 2026|Official source

Summary

Payments or transfers of money or property to the President or his designee under this subchapter count as full payment for that part of the obligation. If someone honestly makes such a payment or transfer under these rules, they cannot be sued or held liable in court for doing it.

Full Legal Text

Title 22, §1631d

Foreign Relations and Intercourse — Source: USLM XML via OLRC

Any payment, conveyance, transfer, assignment, or delivery of property made to the President or his designee pursuant to this subchapter, or any rule, regulation, instruction, or direction issued under this subchapter, shall to the extent thereof be a full acquittance and discharge for all purposes of the obligation of the person making the same; and no person shall be held liable in any court for or in respect of any such payment, conveyance, transfer, assignment, or delivery made in good faith in pursuance of and in reliance on the provisions of this subchapter, or of any rule, regulation, instruction, or direction issued thereunder.

Reference

Citations & Metadata

Citation

22 U.S.C. § 1631d

Title 22Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73