Title 15, Commerce and TradeRelease 119-102
§1847 Maximum Obligation
Title 15 › CHAPTER 45 — EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES › § 1847
Summary
The Board must never be responsible for more than $250,000,000 in total for all loans it guarantees at any time.
Full Legal Text
Title 15, §1847
Commerce and Trade, Source: USLM XML via OLRC
The maximum obligation of the Board under all outstanding loans guaranteed by it shall not exceed at any time $250,000,000.
Reference
Citations & Metadata
Citation
15 U.S.C. § 1847
Title 15, Commerce and Trade
Last Updated
Aug 21, 2026
Release point: 119-102