50 U.S.C. § 5

MEMBERSHIP.

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“(a)Number and Appointment.—The Commission shall be composed of 10 members, as follows:“(1) Three appointed by the President.“(2) Three appointed by the Speaker of the House of Representatives.“(3) One appointed by the minority leader of the House of Representatives.“(4) Two appointed by the majority leader of the Senate.“(5) One appointed by the minority leader of the Senate.“(b)Qualifications.—Persons appointed to the Commission shall be persons who are not officers or employees of the Federal Government (including Members of Congress) and who are specially qualified to serve on the Commission by virtue of their education, training, or experience.“(c)Terms.—Members shall be appointed for the life of the Commission. A vacancy in the Commission shall be filled in the manner in which the original appointment was made.“(d)Basic Pay.—Members of the Commission shall serve without pay.“(e)Quorum.—A majority of the members of the Commission shall constitute a quorum, but a lesser number may hold hearings.“(f)Chairman and Vice Chairman.—The Chairman of the Commission shall be designated by the President from among the members appointed by the President. The Vice Chairman of the Commission shall be designated by the Speaker of the House of Representatives from among the members appointed by the Speaker.“(g)Meetings.—The Commission shall meet at the call of the Chairman or a majority of its members.“(h)Deadline for Appointments.—Members of the Commission shall be appointed not later than the end of the 30-day period beginning on the date of the enactment of this Act [Nov. 5, 1990].
Notes of Decisions
Cited in 5 cases, 1999–2011 · leading case: ABC Charters, Inc. v. Bronson, 591 F. Supp. 2d 1272 (S.D. Fla. 2008).
ABC Charters, Inc. v. Bronson, 591 F. Supp. 2d 1272 (S.D. Fla. 2008). · cites it 3× “Plaintiffs each operate under a statutory and regulatory web including the Trading with the Enemy Act ( 50 USC § 5 ) and regulations promulgated and enforced by the United States Treasury Department, Office of Foreign Assets Control, ( 31 C.”
Jerez v. Repub. of Cuba, 777 F. Supp. 2d 6 (D.D.C. 2011). “Part 515 (1963), are implemented under the Trading With the Enemy Act of 1917, 40 Stat.”
Flatow v. Islamic Repub. of Iran, 76 F. Supp. 2d 16 (D.D.C. 1999). “§ 4308 (f)), and except as provided in subparagraph (B), any property with respect to which financial transactions are prohibited or regulated pursuant to section 5(b) of the Trading with the Enemy Act ( 50 U.S.C. § 5 (b)), section 620(a) of the Foreign Assistance Act of 1961 (…”
Flatow v. Islamic Repub. of Iran, 74 F. Supp. 2d 18 (D.D.C. 1999). “§ 4308 (f)), and except as provided in subparagraph (B), any property with respect to which financial transactions are prohibited or regulated pursuant to section 5(b) of the Trading with *24 the Enemy Act ( 50 U.S.C. § 5 (b)), section 620(a) of the Foreign Assistance Act of…”
Jerez v. Repub. of Cuba (D.D.C. 2011). “The Trading with the Enemy Act (“TWEA”), 50 U.S.C. §5 (b), gave the President authority to impose comprehensive embargoes on foreign countries as a means of dealing with peacetime emergencies and times of war.”
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