22 CFR § 221.24 - Subrogation of A.I.D.

---
identifier: "/us/cfr/t22/s221.24"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "22 CFR § 221.24 - Subrogation of A.I.D."
title_number: 22
title_name: "Foreign Relations"
section_number: "221.24"
section_name: "Subrogation of A.I.D."
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"
---


# 221.24 Subrogation of A.I.D.

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.