§ 1645f. Certifications; assigned claims
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/usc/title-22/section-1645fA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The Commission shall certify to each claimant who files a claim under this subchapter the amount determined by the Commission to be the loss suffered by the claimant which is covered by this subchapter. The Commission shall certify to the Secretary of State such amount and the basic information underlying that amount, together with a statement of the evidence relied upon and the reasoning employed in making that determination.
(b)In any case in which a claim under this subchapter is assigned by purchase before the Commission determines the amount due on that claim, the amount so determined shall not exceed the amount of actual consideration paid by the last such assignee.
(Mar. 10, 1950, ch. 54, title VII, § 707, as added Pub. L. 96–606, Dec. 28, 1980, 94 Stat. 3536.)
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- Mar. 10, 1950, ch. 54
- Pub. L. 96–606
- 94 Stat. 3536
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§ 1645f
Certifications; assigned claims
Stat.×1
ActMar. 10, 1950, ch. 54
Pub. L.Pub. L. 96–606
Stat.94 Stat. 3536
Cites 3Cited by 1 across 1 source