Title 22 — Foreign Relations and IntercourseRelease 119-73not60

§1644h Certification of Amounts; Priority of Payments

Title 22 › Chapter 21— SETTLEMENT OF INTERNATIONAL CLAIMS › Subchapter VI— CLAIMS AGAINST GERMAN DEMOCRATIC REPUBLIC › § 1644h

Last updated Apr 5, 2026|Official source

Summary

The Commission must tell the Treasury Secretary the dollar amount of each award. The Treasury Secretary must pay awards from the Claims Fund in a set order. First, pay awards of $1,000 or less in full. Next, pay $1,000 toward each award that is larger than $1,000. Then, any remaining money is shared among the unpaid parts of all awards in proportion to each award’s unpaid balance. After all principals are paid, any allowed interest is paid pro rata. The Treasury may make rules about how payments are made.

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 5, 2026

Release point: 119-73not60