StacksVerified U.S. regulatory reference

22 CFR §239.11

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
In the event of payment by USAID to a Noteholder under the Guarantee, USAID shall be subrogated to the extent of such payment to all of the rights of such Noteholder against the Borrower under the related Note.