
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC1645d]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
             CHAPTER 21--SETTLEMENT OF INTERNATIONAL CLAIMS
 
                 SUBCHAPTER VII--CLAIMS AGAINST VIETNAM
 
Sec. 1645d. Claims based on ownership interest in or debt or 
        other obligation owing by corporations or other legal entities
        

(a) Nationals of United States; charge on property

    A claim under section 1645b of this title based upon an ownership 
interest in any corporation, association, or other entity which is a 
national of the United States may not be considered. A claim under 
section 1645b of this title based upon a debt or other obligation owing 
by any corporation, association, or other entity organized under the 
laws of the United States, or of any State, the District of Columbia, or 
the Commonwealth of Puerto Rico may be considered only if such debt or 
other obligation is a charge on property which has been nationalized, 
expropriated, or otherwise taken by Vietnam.

(b) Direct ownership

    A claim under section 1645b of this title based upon a direct 
ownership interest in a corporation, association, or other entity may be 
considered, subject to the other provisions of this subchapter, if such 
corporation, association, or other entity on the date of the loss was 
not a national of the United States, without regard to the per centum of 
ownership vested in the claimant.

(c) Indirect ownership

    A claim under section 1645b of this title based upon an indirect 
ownership interest in a corporation, association, or other entity may be 
considered, subject to the other provisions of this subchapter, only if 
at least 25 per centum of the entire ownership interest thereof, at the 
time of such loss, was vested in nationals of the United States or if, 
at the time of the loss, nationals of the United States in fact 
controlled the corporation, association, or entity, as determined by the 
Commission.

(d) Computation of award

    The amount of any claim covered by subsection (b) or (c) of this 
section shall be calculated on the basis of the total loss suffered by 
the corporation, association, or other entity, with respect to which the 
claim is made, and shall bear the same proportion to such loss as the 
ownership interest of the claimant at the time of loss bears to the 
entire ownership interest thereof.

(Mar. 10, 1950, ch. 54, title VII, Sec. 705, as added Pub. L. 96-606, 
Dec. 28, 1980, 94 Stat. 3535.)
