22 CFR § 240.6 - Transferability of Guarantee; Note Register.

---
identifier: "/us/cfr/t22/s240.6"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "22 CFR § 240.6 - Transferability of Guarantee; Note Register."
title_number: 22
title_name: "Foreign Relations"
section_number: "240.6"
section_name: "Transferability of Guarantee; Note Register."
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"
---


# 240.6 Transferability of Guarantee; Note Register.

A Noteholder may assign, transfer or pledge an Eligible Note to any Person. Any such assignment, transfer or pledge shall be effective on the date that the name of the new Noteholder is entered on the Note Register. USAID shall be entitled to treat the Persons in whose names the Eligible Notes are registered as the owners thereof for all purposes of this Guarantee and USAID shall not be affected by notice to the contrary.