22 C.F.R. § 201.47 Use of marine insurance loss proceeds.
Title 22 - Foreign Relations
The borrower/grantee shall pay promptly to USAID a sum equal to the proceeds received by an importer or its assignee in settlement of a marine insurance claim under a marine insurance policy financed pursuant to this part 201, if such proceeds are not expended in the manner provided by §201.26 within a reasonable period after receipt by the importer.
Title 22: Foreign Relations
PART 201—RULES AND PROCEDURES APPLICABLE TO COMMODITY TRANSACTIONS FINANCED BY USAID
Subpart E—General Provisions Relating to USAID Financing of Commodities and Commodity-Related Services
§ 201.47 Use of marine insurance loss proceeds.
