§ 221.31. Prosecution of claims.
78 words·~1 min read·
/us/cfr/t22/s§ 221.31·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After payment by A.I.D. to an Applicant pursuant to § 221.21, A.I.D. shall have exclusive power to prosecute all claims related to rights to receive payments under the Eligible Notes to which it is thereby subrogated. If a Noteholder continues to have an interest in the outstanding Eligible Notes, such a Noteholder and A.I.D. shall consult with each other with respect to their respective interests in such Eligible Notes and the manner of and responsibility for prosecuting claims.