22 CFR § 221.23 - Payment to A.I.D. of excess amounts received by a Noteholder.
---
identifier: "/us/cfr/t22/s221.23"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "22 CFR § 221.23 - Payment to A.I.D. of excess amounts received by a Noteholder."
title_number: 22
title_name: "Foreign Relations"
section_number: "221.23"
section_name: "Payment to A.I.D. of excess amounts received by a Noteholder."
chapter_name: "AGENCY FOR INTERNATIONAL DEVELOPMENT"
part_number: "221"
part_name: "ISRAEL LOAN GUARANTEE STANDARD TERMS AND CONDITIONS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "22 U.S.C. 2186."
regulatory_source: "58 FR 14148, Mar. 16, 1993, unless otherwise noted."
cfr_part: "221"
---
# 221.23 Payment to A.I.D. of excess amounts received by a Noteholder.
If a Noteholder shall, as a result of A.I.D. paying compensation under this Guarantee, receive an excess payment, it shall refund the excess to A.I.D.