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§ 201.70 Purpose.

22 CFR 201.70

Citation22 CFR 201.70
CorpusDaily eCFR
Displayed edition2026-04-24
Last updated2026-04-24

§ 201.70 Purpose.

This subpart sets forth the rights and responsibilities of banks with regard to reimbursement under a letter of commitment opened pursuant to an USAID request. Banks will not be held responsible for the requirements of subparts B, C, D, E (excluding § 201.44(a)(1)), and subpart G except insofar as provisions of these subparts are included in this subpart H or in a letter of commitment issued by USAID to a bank.