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22 U.S.C. · Foreign Relations and Intercourse
22 U.S.C. § 1645i

Award payment procedures

Ch. 21 — SETTLEMENT OF INTERNATIONAL CLAIMS
Title 22 U.S.C. ● ACTIVE Primary Source Ch. 21
Statutory Text

22 U.S.C. § 1645i — Award payment procedures

U.S.C. Title 22 - FOREIGN RELATIONS AND INTERCOURSE 22 U.S.C. United States Code, 2023 Edition Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 21 - SETTLEMENT OF INTERNATIONAL CLAIMS SUBCHAPTER VII - CLAIMS AGAINST VIETNAM Sec. 1645i - Award payment procedures From the U.S. Government Publishing Office, www.gpo.gov

§1645i. Award payment procedures

(a) Certification of amounts The Commission shall certify to the Secretary of the Treasury, in terms of United States currency, each award made pursuant to section 1645b of this title. (b) Priority of payments (1) Upon certification of each award made pursuant to section 1645b of this title, the Secretary of the Treasury shall, out of the sums covered into the Claims Fund, make payments on account of such awards as follows, and in the following order of priority: (A) Payment in the amount of $2,500 or the principal amount of the award, whichever is less. (B) 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 Claims Fund available for distribution at the time such payments are made.

(2) After payment has been made in full of the principal amounts of all awards pursuant to paragraph (1), pro rata payments may be made on account of any interest that may be allowed on such awards. (c) Regulations Payments or applications for payments under subsection (b) shall be made in accordance with such regulations as the Secretary of the Treasury may prescribe.

(Mar. 10, 1950, ch. 54, title VII, §710, as added Pub. L. 96–606, Dec. 28, 1980, 94 Stat. 3537.)

Source: uscode.house.gov — public domain Official Source ↗
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Citation
22 U.S.C. § 1645i
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The statutory text of 22 U.S.C. § 1645i is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 22 U.S.C. § 1645h 22 U.S.C. § 1645j →
Ch. 21 — SETTLEMENT OF INTERNATIONAL CLAIMS
22 U.S.C. § 162122 U.S.C. § 162222 U.S.C. § 1622a22 U.S.C. § 1622b22 U.S.C. § 1622c22 U.S.C. § 1622d22 U.S.C. § 1622e22 U.S.C. § 1622f22 U.S.C. § 1622g22 U.S.C. § 162322 U.S.C. § 162422 U.S.C. § 162522 U.S.C. § 162622 U.S.C. § 162722 U.S.C. § 163122 U.S.C. § 1631a22 U.S.C. § 1631b22 U.S.C. § 1631c22 U.S.C. § 1631d22 U.S.C. § 1631e22 U.S.C. § 1631f22 U.S.C. § 1631g22 U.S.C. § 1631h22 U.S.C. § 1631i22 U.S.C. § 1631j22 U.S.C. § 1631k22 U.S.C. § 1631l22 U.S.C. § 1631m22 U.S.C. § 1631n22 U.S.C. § 1631o
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