Title 22 — Foreign Relations and IntercourseRelease 119-73

§1642c Determination of validity and amount of claims

Title 22 › Chapter CHAPTER 21— - SETTLEMENT OF INTERNATIONAL CLAIMS › Subchapter SUBCHAPTER IV— - CLAIMS AGAINST CZECHOSLOVAKIA › § 1642c

Last updated Apr 6, 2026|Official source

Summary

The Commission must decide, under the relevant laws including international law, whether claims by U.S. nationals against the Government of Czechoslovakia are valid and how much they are worth for losses from nationalization or other taking of property on or after January 1, 1945, including any rights or interests in that property, but it must follow any claims agreement made between Czechoslovakia and the United States within one year following August 8, 1958. When finding a value, the Commission may use the fair or proven value of the property at the last time the U.S. owner operated, used, managed, or controlled it, even if that time was before the government took it.

Full Legal Text

Title 22, §1642c

Foreign Relations and Intercourse — Source: USLM XML via OLRC

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.

Reference

Citations & Metadata

Citation

22 U.S.C. § 1642c

Title 22 — Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73