---identifier: "/us/cfr/t22/s230.11"source: "ecfr"legal_status: "authoritative_unofficial"title: "22 CFR § 230.11 - Subrogation of USAID."title_number: 22title_name: "Foreign Relations"section_number: "230.11"section_name: "Subrogation of USAID."chapter_name: "AGENCY FOR INTERNATIONAL DEVELOPMENT"part_number: "230"part_name: "ISRAEL LOAN GUARANTEES ISSUED UNDER THE EMERGENCY WARTIME SUPPLEMENTAL APPROPRIATIONS ACT OF 2003, PUB. L. 108-11—STANDARD TERMS AND CONDITIONS"positive_law: falsecurrency: "2026-03-24"last_updated: "2026-03-24"format_version: "1.1.0"generator: "[email protected]"authority: "Emergency Wartime Supplemental Appropriations Act, 2003, Pub. L. 108-11, as amended by Section 534(p) of the Foreign Operations, Export Financing and Related Programs Appropriations Act, 2005; Division D of the Consolidated Appropriations Act, 2005, Pub. L. 108-447; Section 13(b) of the Department of State Authorities Act, 2006, Pub. L. 109-472; and Section 5(b) of the United States-Israel Enhanced Security Cooperation Act of 2012, Pub. L. 112-150."regulatory_source: "78 FR 66842, Nov. 7, 2013, unless otherwise noted."cfr_part: "230"---
Identifier
/us/cfr/t22/s230.11
Currency
2026-03-24
Positive Law
No
Updated
2026-03-24
Chapter
Agency for International Development
Authority
Emergency Wartime Supplemental Appropriations Act, 2003, Pub. L. 108-11, as amended by Section 534(p) of the Foreign Operations, Export Financing and Related Programs Appropriations Act, 2005; Divisio... Emergency Wartime Supplemental Appropriations Act, 2003, Pub. L. 108-11, as amended by Section 534(p) of the Foreign Operations, Export Financing and Related Programs Appropriations Act, 2005; Division D of the Consolidated Appropriations Act, 2005, Pub. L. 108-447; Section 13(b) of the Department of State Authorities Act, 2006, Pub. L. 109-472; and Section 5(b) of the United States-Israel Enhanced Security Cooperation Act of 2012, Pub. L. 112-150.
# 230.11 Subrogation of USAID.In the event of payment by USAID to a Noteholder under this Guarantee, USAID shall be subrogated to the extent of such payment to all of the rights of such Noteholder against the Borrower under the related Note.