14 CFR 1300.13
§ 1300.13 Guarantee amount.
United States · 14 CFR — Aeronautics and Space · Status: effective
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- Citation
- 14 CFR 1300.13, § 1300.13 Guarantee amount, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/60777
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Full text
(a) Under Section 101(a)(1) of the Act, the Board is authorized to enter into agreements to issue Federal credit instruments that, in the aggregate, do not exceed $10 billion.
(b) The loan amount guaranteed to a single air carrier may not exceed that amount that, in the Board's sole discretion, the air carrier (or its successor) needs in order for it to provide commercial air services.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.