CFR › Title 22 › Part 204Part 204 — Housing Guaranty Standard Terms and ConditionsSubpart A — Definitions§ 204.1— Definitions.Subpart B — The Guaranty§ 204.11— The Guaranty.§ 204.12— Guaranty eligibility.§ 204.13— Non-impairment of the guaranty.§ 204.14— Transferability of guaranty; Note Register.§ 204.15— Paying agent obligations.Subpart C — Procedure for Obtaining Compensation§ 204.21— Event of default; Application for compensation; Payment.§ 204.22— Right of A.I.D. to cure default.§ 204.23— Payment to A.I.D. of excess amounts received by the lender of any assignee.Subpart D — Covenants§ 204.31— Prosecution of claims.§ 204.32— Change in agreements.§ 204.33— A.I.D. approval of acceleration of notes.Subpart E — Administration§ 204.41— Arbitration.§ 204.42— Notice.§ 204.43— Governing law.