GroundRules
22 CFR 221.31: Prosecution of claims.
Where this section sits in the code
- Title 22—Foreign Relations
- CHAPTER II—AGENCY FOR INTERNATIONAL DEVELOPMENT
- PART 221—ISRAEL LOAN GUARANTEE STANDARD TERMS AND CONDITIONS
- Subpart D—Covenants
After payment by A.I.D. to an Applicant pursuant to § 221.21, A.I.D. shall have exclusive power to prosecute all claims related to rights to receive payments under the Eligible Notes to which it is thereby subrogated. If a Noteholder continues to have an interest in the outstanding Eligible Notes, such a Noteholder and A.I.D. shall consult with each other with respect to their respective interests in such Eligible Notes and the manner of and responsibility for prosecuting claims.
Collected 2026-08-27T02:24:49Z. Source file · JSON