Title 15Commerce and TradeRelease 119-73

§1844 Security for loan guarantees

Title 15 › Chapter CHAPTER 45— - EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES › § 1844

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 15, §1844

Commerce and Trade — Source: USLM XML via OLRC

In negotiating a loan guarantee under this chapter, the Board shall make every effort to arrange that the payment of the principal of and interest on any plan guaranteed shall be secured by sufficient property of the enterprise to collateralize fully the amount of the loan guarantee.

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Citation

15 U.S.C. § 1844

Title 15Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73