Alien Property Custodian Act

What does Alien Property Custodian Act mean in American Law?

The definition of Alien Property Custodian Act in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

An Act (50 (App.) U.S.C. § 1 et seq.) pursuant to which the U.S. may seize and vest in a Federal official, called the “Alien Property Custodian,” property of any kind of any alien enemy. Large amounts of property, especially German, were vested pursuant to this Act during the Second World War.