22 CFR 234.12
§ 234.12 Prosecution of claims.
United States · 22 CFR — Foreign Relations · Status: effective
Cite this
- Citation
- 22 CFR 234.12, § 234.12 Prosecution of claims, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/94676
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Full text
After payment by USAID to an Applicant hereunder, USAID shall have exclusive power to prosecute all claims related to rights to receive payments under the Eligible Notes to which it is thereby subrogated. If a Noteholder continues to have an interest in the outstanding Eligible Notes, such a Noteholder and USAID shall consult with each other with respect to their respective interests in such Eligible Notes and the manner of and responsibility for prosecuting claims.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.