Title 22 — Foreign Relations and IntercourseRelease 119-73not60
§1631d Acquittance and Discharge of Obligation
Title 22 › Chapter 21— SETTLEMENT OF INTERNATIONAL CLAIMS › Subchapter II— VESTING AND LIQUIDATION OF BULGARIAN, HUNGARIAN, AND RUMANIAN PROPERTY › § 1631d
Summary
If someone pays money or gives property to the President or the person he names under this law, that payment or transfer fully settles what they owed, as far as that payment goes. If the payment or transfer was made in good faith while following this law or any rules or orders under it, the person who made it cannot be sued in court over 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 22 — Foreign Relations and Intercourse
Last Updated
Apr 5, 2026
Release point: 119-73not60