§ 221.24. Subrogation of A.I.D.
38 words·~1 min read·
/us/cfr/t22/s§ 221.24·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the event of payment by A.I.D. to a Noteholder under this Guarantee, A.I.D. shall be subrogated to the extent of such payment to all of the rights of such Noteholder against the Borrower under the related Note.