22 CFR 201.70
§ 201.70 Purpose.
United States · 22 CFR — Foreign Relations · Status: effective
Cite this
- Citation
- 22 CFR 201.70, § 201.70 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/94072
- Permanent ID
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Full text
This subpart sets forth the rights and responsibilities of banks with regard to reimbursement under a letter of commitment opened pursuant to an USAID request. Banks will not be held responsible for the requirements of subparts B, C, D, E (excluding § 201.44(a)(1)), and subpart G except insofar as provisions of these subparts are included in this subpart H or in a letter of commitment issued by USAID to a bank.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.