22 CFR · Foreign Relations
§ 240.12 — Prosecution of claims.
22 CFR § 240.12
TitleTitle 22: Foreign RelationsPartPart 240: Sovereign Loan Guarantee—Standard Terms and Conditions
SourceeCFR (current through Apr 10, 2026)
This text of 22 C.F.R. § 240.12 (Prosecution of claims.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
22 C.F.R. § 240.12 (2026).
Text
§ 240.12 Prosecution of claims.
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.
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Nearby Sections
10
§ 240.7
Fiscal Agent obligations.§ 240.11
Subrogation of USAID.§ 240.12
Prosecution of claims.§ 240.13
Change in agreements.§ 240.14
Arbitration.§ 240.15
Notice.§ 240.16
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Bluebook (online)
22 C.F.R. § 240.12, Counsel Stack Legal Research, https://law.counselstack.com/cfr/22/240/240.12.