Title 19, Customs DutiesRelease 119-110

§2438 Payment by Czechoslovakia of Amounts Owed United States Citizens and Nationals

Title 19 › CHAPTER 12 — TRADE ACT OF 1974 › SUBCHAPTER IV — TRADE RELATIONS WITH COUNTRIES NOT RECEIVING NONDISCRIMINATORY TREATMENT › Part 1 — Trade Relations With Certain Countries › § 2438

Last updated Sep 22, 2026|Official source

Summary

Renegotiate the July 5, 1974 settlement of U.S. citizens' claims against Czechoslovakia and submit the new agreement to Congress; do not release U.S.-held Czechoslovak gold, including under the Paris Reparations Agreement of January 24, 1946, until Congress approves.

Full Legal Text

Title 19, §2438

Customs Duties, Source: USLM XML via OLRC

(a)Renegotiation of 1974 agreement
The arrangement initialed on July 5, 1974, with respect to the settlement of the claims of citizens and nationals of the United States against the Government of Czechoslovakia shall be renegotiated and shall be submitted to the Congress as part of any agreement entered into under this subchapter with Czechoslovakia.
(b)Provisional retention of gold
The United States shall not release any gold belonging to Czechoslovakia and controlled directly or indirectly by the United States pursuant to the provisions of the Paris Reparations Agreement of January 24, 1946, or otherwise, until such agreement has been approved by the Congress.

Reference

Citations & Metadata

Citation

19 U.S.C. § 2438

Title 19, Customs Duties

Last Updated

Sep 22, 2026

Release point: 119-110