Title 15, Commerce and TradeRelease 119-102
§9077 Tax Payer Protection
Title 15 › CHAPTER 116 — CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT) › SUBCHAPTER III — ECONOMIC STABILIZATION AND ASSISTANCE TO SEVERELY DISTRESSED SECTORS OF THE UNITED STATES ECONOMY › Part B — Air Carrier Worker Support › § 9077
Summary
The Secretary may accept instruments from assistance recipients if the Secretary alone decides they fairly repay Federal Government.
Full Legal Text
Title 15, §9077
Commerce and Trade, Source: USLM XML via OLRC
The Secretary may receive warrants, options, preferred stock, debt securities, notes, or other financial instruments issued by recipients of financial assistance under this part which, in the sole determination of the Secretary, provide appropriate compensation to the Federal Government for the provision of the financial assistance.
Reference
Citations & Metadata
Citation
15 U.S.C. § 9077
Title 15, Commerce and Trade
Last Updated
Aug 21, 2026
Release point: 119-102