### Question
How does the law define predecessor guaranty authority?


### Answer
Under *22 U.S.C. § 2198*, **predecessor guaranty authority** is defined as:

> prior guaranty authorities (other than housing guaranty authorities) repealed by the Foreign Assistance Act of 1969, and sections 1509(b)(3), 1872(b), and 1933(b) [1](#2198_1_target) of this title (exclusive of authority relating to informational media guaranties)

#### Citation:
  - *22 U.S.C. § 2198*
  - Heading: **CHAPTER 32-FOREIGN ASSISTANCE > SUBCHAPTER I-INTERNATIONAL DEVELOPMENT > Part II-Other Programs > subpart iv-overseas private investment corporation**

