22 CFR 204.13
§ 204.13 Non-impairment of the guaranty.
United States · 22 CFR — Foreign Relations · Status: effective
Cite this
- Citation
- 22 CFR 204.13, § 204.13 Non-impairment of the guaranty, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/94105
- Permanent ID
ys:prov:94105@1- SHA-256
293dc19b7701b3770e647313c8ae869f314fe0b1dc4684dd79832928d32b6732
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Full text
The full faith and credit of the United States of America is pledged to the performance of this Guaranty. The Guaranty shall not be affected or impaired by any defect in the authorization, execution, delivery or enforceability of any agreement or other document executed by the Lender, A.I.D., the Paying Agent or the Borrower in connection with the transactions contemplated by this Guaranty. This non-impairment of the guaranty provision shall not, however, be operative with respect to any amount arising out of fraud or misrepresentation for which the Lender or Assignee is responsible or of which it had knowledge prior to the time it became such Lender or Assignee.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.