Title 15, Commerce and TradeRelease 119-102
§1842 Authority for Loan Guarantees; Terms and Conditions
Title 15 › CHAPTER 45 — EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES › § 1842
Summary
The Board can promise to protect lenders from losing the money they lent or the interest on loans that follow the chapter’s rules. It makes those guarantees under whatever terms it chooses.
Full Legal Text
Title 15, §1842
Commerce and Trade, Source: USLM XML via OLRC
The Board, on such terms and conditions as it deems appropriate, may guarantee, or make commitments to guarantee, lenders against loss of principal or interest on loans that meet the requirements of this chapter.
Reference
Citations & Metadata
Citation
15 U.S.C. § 1842
Title 15, Commerce and Trade
Last Updated
Aug 21, 2026
Release point: 119-102