22 C.F.R. · Foreign Relations
22 C.F.R. § 236.11

Subrogation of USAID.

Title 22 C.F.R. ● ACTIVE Primary Source
Regulatory Text

22 C.F.R. § 236.11 — Subrogation of USAID.

§ 236.11 Subrogation of USAID. In the event of payment by USAID to a Noteholder under the Guarantee, USAID shall be subrogated to the extent of such payment to all of the rights of such Noteholder against the Borrower under the related Note.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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22 C.F.R. § 236.11
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The regulatory text of 22 C.F.R. § 236.11 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 22 22 C.F.R. § 236.11