---
kind: "section"
citation: "12 C.F.R. § 1808.600"
title: "12"
number: "1808.600"
heading: "Full faith and credit and incontestability of Guarantee."
url: "https://uscodex.org/cfr/12/1808.600"
---

# §1808.600. Full faith and credit and incontestability of Guarantee.


The full faith and credit of the Federal Government is pledged to the payment of all Bonds issued as part of a Bond Issue with respect to Verifiable Losses of Principal, Interest, and Call Premium. An executed Guarantee shall be conclusive evidence that: the Guarantee has been properly authorized; the underlying Bond qualified for such Guarantee; and, but for fraud or material misrepresentation, such Guarantee will be presumed to be legally valid, binding, and enforceable.


## Notes

### Authority

Authority: The Small Business Jobs Act of 2010, Pub. L. 111-240, §§ 1134 and 1703; 12 U.S.C. 4713a.

### Source

Source: 78 FR 8310, Feb. 5, 2013, unless otherwise noted.