22 CFR § 240.16 - Governing Law.

---
identifier: "/us/cfr/t22/s240.16"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "22 CFR § 240.16 - Governing Law."
title_number: 22
title_name: "Foreign Relations"
section_number: "240.16"
section_name: "Governing Law."
chapter_name: "AGENCY FOR INTERNATIONAL DEVELOPMENT"
part_number: "240"
part_name: "SOVEREIGN 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: "Section 7034(o)(1) of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2016 (Div. K, Pub. L. 114-113)."
regulatory_source: "81 FR 65281, Sept. 22, 2016, unless otherwise noted."
cfr_part: "240"
---


# 240.16 Governing Law.

This Guarantee shall be governed by and construed in accordance with the laws of the United States of America governing contracts and commercial transactions of the United States Government.