Section 234

Title to the property of the Government of the United States
situated in the Trust Territory of the Pacific Islands or acquired
ffor or used by the Government of the Trust Territory of the
Pacific Islands on or before the day preceding the effective date
of this Compact shall, without reimbursement or transfer of funds,
vest in the Governments of the Marshall Islands and the Federated
States of Micronesia as set forth in a separate agreement which
shall come into effect simultaneously with this Compact.
The
provisions of this Section shall not apply to the property of the
Government of the United States for which the Government of the
United States determines a continuing requirement.
Section 235

(a) Funds held in trust by the High Commissioner of the Trust
Territory of the Pacific Islands, in his official capacity, as of
the effective date of this Compact shall remain available as trust
funds to their designated beneficiaries.
The Government of the
United States, in consultation with the Government of the Marshall
Islands or the Federated States of Micronesia, shall appoint a new

trustee who shall exercise the functions formerly exercised by the

High Commissioner of the Trust Territory of the Pacific Islands.

(b) To provide for the continuity of administration, and to
assure the Governments of the Marshall Islands and the Federated
States of Micronesia that the purposes of the laws of the United
States are carried out and that the funds of any other trust fund
in which the High Commissioner of the Trust Territory of the
Pacific Islands has authority of a statutory or customary nature
shall remain available as trust funds to their designated

beneficiaries,

the Government of the United States agrees to

assume the authority formerly vested in the High Commissioner of
the Trust Territory of the Pacific Islands.
Section 236

Except as otherwise provided, approval of this Compact by the
Government of the United States shall constitute a pledge of the
full faith and credit of the United States for the full payment of
the sums and amounts specified in Articles I and III of this
Title.
The obligation of the United States under Articles I and
III of this Title shall be enforceable in the United States Claims
Court, or its successor court, which shall have jurisdiction in
cases arising under this Section, notwithstanding the provisions
of 278 U.S.C. 1502, and which court's decisions shall be reviewable
as provided by the laws of the United States.

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