GroundRules
14 CFR 1300.13: Guarantee amount.
Where this section sits in the code
- Title 14—Aeronautics and Space
- CHAPTER VI—AIR TRANSPORTATION SYSTEM STABILIZATION
- SUBCHAPTER A—OFFICE OF MANAGEMENT AND BUDGET
- PART 1300—AVIATION DISASTER RELIEF—AIR CARRIER GUARANTEE LOAN PROGRAM
- Subpart B—Minimum Requirements and Application Procedures
(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.
Collected 2026-08-27T02:24:20Z. Source file · JSON