§1631o Eligibility for return of interest in property

Summary

People who used to be nationals of Bulgaria, Hungary, or Rumania, and who were denied full citizenship by discriminatory laws at any time between December 7, 1941 and when those laws ended, can get back their interest in property that had been taken as the property of a company organized under those countries’ laws. That return is allowed if, on the date the property was taken, at least 25% of the company’s stock was owned by such persons and by nationals of countries other than Bulgaria, Hungary, Rumania, Germany, or Japan, or if after December 7, 1941 the company was put under special wartime measures because some or all stockholders were treated as enemies. These people do not need a Department of State certificate. A claim is allowed only if a notice was filed on time under section 4330 of Title 50, except that an application could be made within six months after July 24, 1968. If the property was sold and the net proceeds went into the Bulgarian, Hungarian, or Rumanian Claims Fund, money from other vested property held in the U.S. Treasury may be used to make the return. The decision by the person the President names, or by any other government officer or agency, about these claims is final and cannot be reviewed by a court.