Regulations last checked for updates: Apr 26, 2024

Title 14 - Aeronautics and Space last revised: Apr 26, 2024
§ 1300.13 - Guarantee amount.

(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.

authority: Title I of Pub. L. 107-42, 115 Stat. 230 (49 U.S.C. 40101 note)
source: 66 FR 52272, Oct. 12, 2001, unless otherwise noted.
cite as: 14 CFR 1300.13