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LegalText 22 U.S.C. § 1631l Determination of expenses and time for filing suit, notice of claim and debt claim us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 21 SETTLEMENT OF INTERNATIONAL CLAIMS 1631l 22 U.S.C. § 1631l current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s1631l data/legal/raw/us/code/title-22/usc22.xml 85c1424b26dbbede142fb101a633438aac55395d6442044547e8bf20bb125e62 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 0075536cab61becd2c3d82c32d9ef2d1812a31fea5680fb211566d4104035652 2026-07-04 official
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22 U.S.C. § 1631l - Determination of expenses and time for filing suit, notice of claim and debt claim

Text

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.)