22 CFR 239.5
§ 239.5 Non-impairment of the Guarantee.
United States · 22 CFR — Foreign Relations · Status: effective
Cite this
- Citation
- 22 CFR 239.5, § 239.5 Non-impairment of the Guarantee, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/94759
- Permanent ID
ys:prov:94759@1- SHA-256
0fa564876a51fbe2e2ec2f0205b69451b04fc63d0171a67bc198d975a0ba1ef3
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
After issuance of the Guarantee, the Guarantee will be an unconditional, full faith and credit obligation of the United States of America and will not be affected or impaired by any subsequent condition or event. This non-impairment of the guarantee provision shall not, however, be operative with respect to any loss arising out of fraud or misrepresentation for which the claiming Noteholder is responsible or of which it had knowledge at the time it became a Noteholder. In particular and without limitation, the Guarantee shall not be affected or impaired by:
(a) Any defect in the authorization, execution, delivery or enforceability of any agreement or other document executed by a Noteholder, USAID, the Fiscal Agent or the Borrower in connection with the transactions contemplated by this Guarantee or
(b) The suspension or termination of the program pursuant to which USAID is authorized to guarantee the Eligible Notes.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.