22 C.F.R. § 221.24 – Subrogation of A.I.D. | Midpage
§ 221.24
22 C.F.R. § 221.24
Subrogation of A.I.D.
Effective Dec 31, 2016
In the event of payment by A.I.D. to a Noteholder under this Guarantee, A.I.D. shall be subrogated to the extent of such payment to all of the rights of such Noteholder against the Borrower under the related Note.