A guarantee issued by the Board may not exceed 85 percent of the amount of the principal of a loan to a Qualified Steel Company. Subject to the provisions of this part, one or more third parties, public or private, may guarantee repayment of part of the Unguaranteed Portion of a loan guaranteed by the Board.
[66 FR 53080, Oct. 19, 2001]
authority: Pub. L. 106-51, 113 Stat. 252 (
15 U.S.C. 1841 note); Pub. L. 106-102, 113 Stat. 1338
source: 64 FR 57933, Oct. 27, 1999, unless otherwise noted.
cite as: 13 CFR 400.203