22 CFR § 221.31 - Prosecution of claims.

---
identifier: "/us/cfr/t22/s221.31"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "22 CFR § 221.31 - Prosecution of claims."
title_number: 22
title_name: "Foreign Relations"
section_number: "221.31"
section_name: "Prosecution of claims."
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"
---


# 221.31 Prosecution of claims.

After payment by A.I.D. to an Applicant pursuant to § 221.21, A.I.D. 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 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.