22 CFR 204.31 - Prosecution of claims.

Regulations last checked for updates: Nov 22, 2024

Title 22 - Foreign Relations last revised: Oct 28, 2024

View all text of Subpart D [§ 204.31 - § 204.33]

§ 204.31 - Prosecution of claims.

After an assignment to A.I.D. by the Lender or any Assignee pursuant to § 204.21(b), A.I.D. shall have exclusive power to prosecute all claims related to the outstanding Eligible Notes so assigned. If the Lender or such Assignee continues to have an interest in the outstanding Eligible Notes, the Lender or such Assignee and A.I.D. shall consult with each other with respect to their respective interests in such Eligible Notes and the manner of and responsibility for prosecuting claims.

authority: 22 U.S.C. 2381.

source: 53 FR 33805, Sept. 1, 1988, unless otherwise noted.

cite as: 22 CFR 204.31