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Title 22 Part 221 → Subpart C → §221.24

Title 22 → Chapter II → Part 221 → Subpart C → §221.24

Electronic Code of Federal Regulations e-CFR

Title 22 Part 221 → Subpart C → §221.24

e-CFR data is current as of October 17, 2019

Title 22Chapter IIPart 221Subpart C → §221.24


Title 22: Foreign Relations
PART 221—ISRAEL LOAN GUARANTEE STANDARD TERMS AND CONDITIONS
Subpart C—Procedure for Obtaining Compensation


§221.24   Subrogation of A.I.D.

In the event of payment by A.I.D. to a Noteholder under this Guarantee, A.I.D. shall be subrogated to the extent of such payment to all of the rights of such Noteholder against the Borrower under the related Note.


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