22-U.S.C.-1631L

§1631L – §1631L. Determination of Expenses and Time For Filing Suit, Notice of Claim and Debt Claim

Pathway

Title 22 > Chapter 21 > Subchapter II > Section 1631l

Details

• Reference: Section 1631l
• Legend: §1631L – §1631L. Determination of Expenses and Time For Filing Suit, Notice of Claim and Debt Claim
• USCode Year: 2013

Provision Content

Prior to covering the net proceeds of liquidation of any property into the Treasury pursuant to section 1631a(a) of this title, the designee of the President under this subchapter shall determine—

(1) the amount of his administrative expenses attributable to the performance of his functions under this subchapter with respect to such property and the proceeds thereof. The amount so determined, together with an amount not exceeding that expended or incurred for the conservation, preservation, or maintenance of such property and the proceeds thereof, and for taxes in respect of same, shall be deducted and retained by the designee from the proceeds otherwise covered into the Treasury; and

(2) that the time for the institution of a suit under section 1631f(a) of this title, for the filing of a notice of claim under section 1631f(b) of this title, and for the filing of debt claims under section 1631g of this title has elapsed.

The determinations of the designee under this section shall be final and conclusive.

(Mar. 10, 1950, ch. 54, title II, §213, as added Aug. 9, 1955, ch. 645, §3, 69 Stat. 570.)

U.S. Encyclopedia of Law Coverage

22-U.S.C.-1622F in the Legal Encyclopedia: Foreign Relations

In this entry about 22-U.S.C.-1622F, find legal reference material, bibliographies and premiere content related to foreign relations in the American Encyclopedia of Law, presenting a comprehensive view of the United States foreign relations-specific issues, written by authorities in the field.

22-U.S.C.-1622E in the Legal Encyclopedia: Settlement

In this entry about 22-U.S.C.-1622E, find legal reference material, bibliographies and premiere content related to settlement in the American Encyclopedia of Law, presenting a comprehensive view of the United States settlement-specific issues, written by authorities in the field.

22-U.S.C.-1622B in the Legal Encyclopedia: International Claims

In this entry about 22-U.S.C.-1622B, find legal reference material, bibliographies and premiere content related to international claims in the American Encyclopedia of Law, presenting a comprehensive view of the United States international claims-specific issues, written by authorities in the field.

Topic Map

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