(a) The Attorney General shall
take such actions 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.
[15 USC 1850.]
