Sec. 11. protection of government’s interest
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/statute-compilations/comps-15086/sec-11A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## Sec. 11 protection of government’s interest **[**[15 U.S.C. 1850](/us/usc/t15/s1850)**]** ###
(a)The Attorney General shall take such action as may be appropriate to enforce any right accruing to the United States or any officer or agency thereof as a result of the issuance of guarantees under this Act. Any sums recovered pursuant to this section shall be paid into the emergency loan guarantee fund. ###
(b)The Board shall be entitled to recover from the borrower, or any other person liable therefor, the amount of any payments made pursuant to any guarantee agreement entered into under this Act, and upon making any such payment, the Board shall be subrogated to all the rights of the recipient thereof.
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Sec. 11
protection of government’s interest
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