Pub. L. 87-195, pt. I, ch. 2, tit. III, sec. 223

Definitions.—

EnactedYear: 1961Length: 152 wordsOfficial source
Sec. 223. Definitions.—As used in this title— (a) the term “investment” includes any contribution of capital commodities, services, patents, processes, or techniques in the form of (1) a loan or loans to an approved project, (2) the purchase of a share of ownership in any such project, (3) participation in royalties, earnings, or profits of any such project, and (4) the furnishing of capital commodities and related services pursuant to a contract providing for payment in whole or in part after the end of the fiscal year in which the guaranty of such investment is made; and 75 Stat. 432 (b) the term “expropriation” includes but is not limited to any abrogation, repudiation, or impairment by a foreign government of its own contract with an investor, where such abrogation, repudiation, or impairment is not caused by the investor’s own fault or misconduct, and materially adversely affects the continued operation of the project.
Pub. L. 87-195, pt. I, ch. 2, tit. III, sec. 223: Definitions.— | Justis AI