§1631o Eligibility for Return of Interest in Property

Summary

People who used to be nationals of Bulgaria, Hungary, or Rumania and who, because of laws that discriminated against political, racial, or religious groups, never had full citizenship rights between December 7, 1941 and when those laws ended, may get back their share of property that was taken and treated as the property of a corporation from those countries. This can happen if, when the property was taken, at least 25% of the company’s stock was owned by those people and by nationals of countries other than Bulgaria, Hungary, Rumania, Germany, or Japan, or if the company was put under special wartime measures after December 7, 1941 because some or all shareholders were treated as enemies. They do not need a State Department certificate. A claim had to be filed on time under section 4330 of Title 50, but applications were allowed within six months after July 24, 1968. If the property was sold and the money sent to the Bulgarian, Hungarian, or Rumanian Claims Fund, other vested-property funds in the U.S. Treasury may be used to make the return. Decisions by the President’s designee or any agency about these claims are final and cannot be reviewed by a court.