2016 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 21 - Settlement of International Claims
Subchapter II - Vesting and Liquidation of Bulgarian, Hungarian, and Rumanian Property
Sec. 1631b - Cancellation and issuance of shares of stock or other beneficial interest in corporation

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Citation 22 U.S.C. § 1631b (2016)
Section Name §1631b. Cancellation and issuance of shares of stock or other beneficial interest in corporation
Section Text

Whenever shares of stock or other beneficial interest in any corporation, association, or company or trust are vested in any officer or agency designated by the President under this subchapter, it shall be the duty of the corporation, association, or company or trustee or trustees issuing such shares or any certificates or other instruments representing the same or any other beneficial interest to cancel such shares of stock or other beneficial interest upon its, his, or their books and in lieu thereof to issue certificates or other instruments for such shares or other beneficial interest to the designee of the President, or otherwise as such designee shall require.

Source Credit

(Mar. 10, 1950, ch. 54, title II, §203, as added Aug. 9, 1955, ch. 645, §3, 69 Stat. 563.)

Publication Title United States Code, 2012 Edition, Supplement 4, Title 22 - FOREIGN RELATIONS AND INTERCOURSE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 21 - SETTLEMENT OF INTERNATIONAL CLAIMS
SUBCHAPTER II - VESTING AND LIQUIDATION OF BULGARIAN, HUNGARIAN, AND RUMANIAN PROPERTY
Sec. 1631b - Cancellation and issuance of shares of stock or other beneficial interest in corporation
Contains section 1631b
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 69 Stat. 563
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