Title 22 — Foreign Relations and IntercourseRelease 119-73
§1644h Certification of amounts; priority of payments
Title 22 › Chapter CHAPTER 21— - SETTLEMENT OF INTERNATIONAL CLAIMS › Subchapter SUBCHAPTER VI— - CLAIMS AGAINST GERMAN DEMOCRATIC REPUBLIC › § 1644h
Summary
The Commission must report each award’s dollar amount to the Treasury. The Treasury must pay from the Claims Fund in this order: fully pay awards of $1,000 or less; pay $1,000 toward the main amount of each larger award; then divide leftover money among unpaid principal balances based on each award’s share. After all principal is paid, any allowed interest is paid the same way under Treasury rules.
Full Legal Text
Title 22, §1644h
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)The Commission shall certify to the Secretary of the Treasury, in terms of United States currency, each award made pursuant to section 1644b of this title.
(b)Upon certification of such award, the Secretary of the Treasury is authorized and directed, out of the sums covered into the Claims Fund, to make payments on account of such awards as follows, and in the following order of priority:
(1)payment in full of the principal amount of each award of $1,000 or less;
(2)payment in the amount of $1,000 on account of the principal amount of each award of more than $1,000 in principal amount;
(3)thereafter, payments from time to time, in ratable proportions, on account of the unpaid balance of the principal amounts of all awards according to the proportions which the unpaid balance of such awards bear to the total amount in the fund available for distribution at the time such payments are made;
(4)after payment has been made in full of the principal amounts of all awards, pro rata payments may be made on account of any interest that may be allowed on such awards;
(5)payments or applications for payments shall be made in accordance with such regulations as the Secretary of the Treasury may prescribe.
Reference
Citations & Metadata
Citation
22 U.S.C. § 1644h
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73