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Code · CFR · Title 22 — Foreign Relations · Part 201 — Rules and Procedures Applicable to Commodity Transactions Financed by USAID · § 201.70

§ 201.70. Purpose.

71 words·~1 min read·/us/cfr/t22/s§ 201.70·

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This subpart sets forth the rights and responsibilities of banks with regard to reimbursement under a letter of commitment opened pursuant to an USAID request. Banks will not be held responsible for the requirements of subparts B, C, D, E (excluding § 201.44(a)(1)), and subpart G except insofar as provisions of these subparts are included in this subpart H or in a letter of commitment issued by USAID to a bank.
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