22 C.F.R. § 221.24 Subrogation of A.I.D.
Title 22 - Foreign Relations
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.
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.
